K.S.A. 9-1719: Change of control; definitions.
Where this section sits in the code
- Chapter 9.—BANKS AND BANKING; TRUST COMPANIES
- Article 17.—BANKING CODE; SUPERVISION; COMMISSIONER
As used in K.S.A. 9-1719 to 9-1722, inclusive, and amendments thereto:
(a) "Applicant" means a person who has submitted a change of control application pursuant to K.S.A. 9-1721, and amendments thereto.
(b) "Control" means the power to:
(1) Vote 25% or more of any class of voting shares;
(2) direct, in any manner, the election of a majority of the directors; or
(3) direct or exercise a controlling influence over the management or policies.
(c) "Person" means an individual or a corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or any other form of entity not specifically listed in this subsection.
Collected 2026-09-04T15:10:04Z. Source file · JSON