Printable Format9-1901. Dissolution. Any corporation that is not insolvent or critically undercapitalized and otherwise transacting business under the state banking code may be dissolved by its board of directors in accordance with K.S.A. 17-6801 et seq., and amendments thereto, provided the bank has completed a liquidation to the satisfaction of the commissioner pursuant to K.S.A. 9-1919, and amendments thereto.
History: L. 1947, ch. 102, § 109; L. 2015, ch. 38, § 116; July 1.
Source or prior law:
9-108.
Attorney General's Opinions:
Dissolution; insolvency; appointment of special deputy to take over insolvent bank; liability of directors and officers. 86-32.
Authority of FDIC as receiver of a failed bank. 86-80.