Kansas § 9-561 Federal law controls when inconsistent with this act; interpretive guidance provided by commissioner

Kansas Statutes

§ 9-561 — Federal law controls when inconsistent with this act; interpretive guidance provided by commissioner

Kansas § 9-561

Ch. 9BANKS AND BANKING; TRUST COMPANIES

Art. 5MISCELLANEOUS PROVISIONS

This text of Kansas § 9-561 (Federal law controls when inconsistent with this act; interpretive guidance provided by commissioner) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 9-561 (2026).

Text

(a)If the jurisdiction of state money transmission is conditioned on federal law, any inconsistencies between a provision of this act and such federal law governing money transmission shall be governed by the applicable federal law to the extent of such inconsistency.

(b)If there are any inconsistencies between this act and any federal law that governs pursuant to subsection (a), the commissioner may provide interpretive guidance that identifies the:

(1)Inconsistency; and

(2)appropriate means of compliance with federal law.

(c)This section shall take effect on and after January 1, 2025.

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(a) If the jurisdiction of state money transmission is conditioned on federal law, any inconsistencies between a provision of this act and such federal law governing money transmission shall be governed by the applicable federal law to the extent of such inconsistency.
(b) If there are any inconsistencies between this act and any federal law that governs pursuant to subsection (a), the commissioner may provide interpretive guidance that identifies the:
(1) Inconsistency; and
(2) appropriate means of compliance with federal law.
(c) This section shall take effect on and after January 1, 2025.