9-523. Same; board of directors of each bank.

9-523

Chapter 9.--BANKS AND BANKING; TRUST COMPANIES Article 5.--MISCELLANEOUS PROVISIONS

      9-523.   Same; board of directors of each bank. Except for banks whose voting shares are acquired by a bank holding company pursuant to subsection (b) of K.S.A. 9-520, and amendments thereto, a majority of the board of directors of each Kansas bank which is a subsidiary of a bank holding company shall be residents of this state.

      History:   L. 1985, ch. 55, § 6; L. 1991, ch. 45, § 2; L. 1993, ch. 189, § 2; L. 1995, ch. 79, § 2; Sept. 29.