{"data":{"id":"us-ks/k.s.a.-9-1612","jurisdiction":"us-ks","citation":"K.S.A. 9-1612","heading":"Company having control over a bank or trust company defined.","body":"For the purposes of K.S.A. 9-1601 through 9-1611, and amendments thereto, any company has control over a bank or trust company if the company directly or indirectly, or acting through one or more persons:\n(a) Owns, controls or has power to vote 25% or more of any class of voting securities of the bank or trust company;\n(b) controls, in any manner, the election of a majority of the directors or trustees of the bank or trust company; or\n(c) has the power to direct the management or policies of the bank or trust company.","path":["Chapter 9.—BANKS AND BANKING; TRUST COMPANIES","Article 16.—BANKING CODE; TRUST AUTHORITY"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch09/009_016_0012.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:10:04Z","sha256":"8f4adbff6e39af43516ebd0343e41d763a57b9c6cee8a9fd1244fd01ebc95543","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-9-1611","next":"us-ks/k.s.a.-9-1701"},"notice":"GroundRules: Original legal text. Not legal advice."}
