GroundRules
K.S.A. 9-1920: Borrowing by liquidating bank.
Where this section sits in the code
- Chapter 9.—BANKS AND BANKING; TRUST COMPANIES
- Article 19.—BANKING CODE; DISSOLUTION; INSOLVENCY
Upon the approval of the commissioner, the board of directors of any bank in the process of voluntary liquidation may borrow an amount not in excess of 100% of the bank's total deposit liabilities and may pledge the bank's assets.
Collected 2026-09-04T15:10:05Z. Source file · JSON