Kansas Statutes
§ 9-910 — Dividends from capital stock prohibited; how current dividends paid
Kansas § 9-910
JurisdictionKansas
Ch. 9BANKS AND BANKING; TRUST COMPANIES
Art. 9BANKING CODE; CAPITAL STOCK AND STRUCTURE
This text of Kansas § 9-910 (Dividends from capital stock prohibited; how current dividends paid) 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. § 9-910 (2026).
Text
No dividends shall be paid from the capital stock account of a stock bank or trust company. The current dividends of any stock bank or trust company or of any mutual bank shall be paid from undivided profits after deducting losses. These losses are determined by using generally accepted accounting principles at the time of making the dividend.
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Legislative History
L. 1947, ch. 102, § 23; L. 1989, ch. 48, § 22; L. 1990, ch. 55, § 1; L. 2015, ch. 38, § 41; L. 2018, ch. 75, § 18; July 1.
Nearby Sections
15
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Bluebook (online)
Kansas § 9-910, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/9-910.