Kansas § 9-576 Report required upon occurrence of certain administrative or legal proceedings

Kansas Statutes

§ 9-576 — Report required upon occurrence of certain administrative or legal proceedings

Kansas § 9-576

Ch. 9BANKS AND BANKING; TRUST COMPANIES

Art. 5MISCELLANEOUS PROVISIONS

This text of Kansas § 9-576 (Report required upon occurrence of certain administrative or legal proceedings) 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. § 9-576 (2026).

Text

(a)A licensee shall file a report with the commissioner within one business day after the licensee has reason to know of the:

(1)Filing of a bankruptcy or reorganization petition by or against the licensee;

(2)filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for the licensee's dissolution or reorganization or the making of a general assignment for the benefit of the licensee's creditors; or

(3)commencement of a proceeding to revoke or suspend the licensee's license in a state or country where the licensee engages in business or is licensed.

(b)A licensee shall file a report with the commissioner within three business days after the licensee has reason to know of a felony conviction of:

(1)The license

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(a) A licensee shall file a report with the commissioner within one business day after the licensee has reason to know of the:
(1) Filing of a bankruptcy or reorganization petition by or against the licensee;
(2) filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for the licensee's dissolution or reorganization or the making of a general assignment for the benefit of the licensee's creditors; or
(3) commencement of a proceeding to revoke or suspend the licensee's license in a state or country where the licensee engages in business or is licensed.
(b) A licensee shall file a report with the commissioner within three business days after the licensee has reason to know of a felony conviction of:
(1) The licensee or a key individual or person in control of the licensee; or
(2) an authorized delegate.
(c) This section shall take effect on and after January 1, 2025.