{"data":{"id":"us-ks/k.s.a.-9-1127h","jurisdiction":"us-ks","citation":"K.S.A. 9-1127h","heading":"Savings and loan service corporations; definitions.","body":"As used in K.S.A. 9-1127e through 9-1127h, and amendments thereto:\n(a) \"Invest\" means any investment in the capital stock, obligations or other securities, and any advance of funds to a service corporation, including the purchase of stock, the making of a loan or other such advance of funds. \"Invest\" does not include a payment for rent earned, goods sold and delivered or services rendered prior to the making of such payment.\n(b) \"Savings and loan service corporation\" or \"service corporation\" means a corporation or limited liability company organized under the laws of Kansas. The entirety of the capital stock of a savings and loan service corporation shall be available for purchase only by Kansas-chartered savings and loan associations, Kansas-chartered savings banks and federally chartered savings and loan associations with home offices in Kansas. Kansas-chartered and federally chartered savings and loan associations and Kansas-chartered and federally chartered savings banks investing in a savings and loan service corporation shall designate the savings and loan service corporation as a service corporation.\n(c) This section shall be a part of and supplemental to the state banking code.","path":["Chapter 9.—BANKS AND BANKING; TRUST COMPANIES","Article 11.—BANKING CODE; POWERS"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch09/009_011_0027h.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:10:04Z","sha256":"2035811ee0f1b30b918e9328aaa7120fe0c0a2e3695827cf68ef860a51130755","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-9-1127g","next":"us-ks/k.s.a.-9-1128"},"notice":"GroundRules: Original legal text. Not legal advice."}