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Kansas Statutes > Chapter 17 > Article 55 - Savings And Loan Code; Powers
Written by Steven Daily, LawServer Attorney-Editor   
Last Updated April 18, 2010

Kansas Statutes > Chapter 17 > Article 55 - Savings And Loan Code; Powers


Current as of: 2009
§ 17-5501Powers of association generally
§ 17-5501cAuthority to accept and pledge security for U.S. treasury tax and loan accounts
§ 17-5502Powers of board of directors
§ 17-5502aClosing one business day a week
§ 17-5503Loan plans upon which real-estate loans may be made
§ 17-5504Appraisal and approval of real estate securing a loan
§ 17-5505Application of payments
§ 17-5506Loan contract to be embodied in note
§ 17-5508Association payments for protection of loans; addition to unpaid balance of loan
§ 17-5509Association may accept assignment of life insurance on mortgagor; premium payments, addition to the unpaid balance of the loan
§ 17-5510Advance installment payment of taxes and insurance
§ 17-5511Record of charges on real estate securing loans
§ 17-5512Prepayment of home loans
§ 17-5512aAgreements prohibiting or restricting prepayment of loans other than home loans
§ 17-5513Modification of real-estate loan or note
§ 17-5514Loan expenses which association may require borrower to pay; statement
§ 17-5515Collection and payment of loan expenses
§ 17-5516Fees for procuring loan may not be paid to directors, officers or employees of association
§ 17-5517Lien on shares to secure loan
§ 17-5519Sale of property
§ 17-5520Directors, officers and employees purchases from or sales to association
§ 17-5521Bulk sale of assets
§ 17-5522Same; commissioner's approval required
§ 17-5523Same; distribution of proceeds
§ 17-5524Same; dissolution results
§ 17-5525Conversion of state association into federal savings and loan association; vote requirements
§ 17-5526Same; minutes of meeting to be filed with commissioner
§ 17-5527Same; action required by federal law must be taken within three months
§ 17-5528Same; copy of charter or certificate to be filed with commissioner and secretary of state
§ 17-5529Same; failure to file; penalty
§ 17-5530Same; cessation of commissioner's jurisdiction
§ 17-5531Same; continuation of state association; succession to property and other interests
§ 17-5532Same; continuation of judicial proceedings
§ 17-5533Same; recognition by state
§ 17-5534Same; obligations continued and vesting of property title
§ 17-5535Conversion from federal to state association; majority vote of members required
§ 17-5536Same; minutes of meeting to be filed with the federal home loan bank board
§ 17-5537Same; vote on directors of converted association required
§ 17-5538Certificate of incorporation may state it is converted association
§ 17-5539Same; petition for certificate of incorporation and bylaws; directors' signatures
§ 17-5540Same; procedure; continuation of federal association
§ 17-5541Merger; procedure; merger agreement
§ 17-5542Same; approval or disapproval of merger agreement
§ 17-5543Same; approval by federal home loan bank board, when
§ 17-5544Same; appeal in case of failure of commissioner to approve proposed merger
§ 17-5545Merger binding and effective upon commissioner's approval; recordation; duties of commissioner
§ 17-5546Same; remaining association deemed to be continuation of all preceding associations; property of preceding associations deemed to pass by operation of law
§ 17-5547Same; continuation of judicial proceedings
§ 17-5548Reorganization; procedure; recordation of instruments
§ 17-5549Same; effective date
§ 17-5550Same; reorganization plan
§ 17-5551Same; rights and obligations of reorganizing association inure to benefit of reorganized association
§ 17-5552Same; applications for repurchase canceled when members approve proposed plan of reorganization
§ 17-5553Dissolution
§ 17-5554Same; execution of documents
§ 17-5555Same; filing of copies with commissioner; examination of association
§ 17-5556Same; recordation of documents
§ 17-5557Same; continuation for winding up affairs
§ 17-5558Same; directors to act as liquidating trustees
§ 17-5559Same; powers
§ 17-5560Same; association subject to commissioner during liquidation
§ 17-5561Same; final report and accounting; discharge of directors
§ 17-5562Same; vested rights not disturbed during dissolution
§ 17-5563Credit to borrowers
§ 17-5564Undelivered funds due creditors, depositors and shareholders of defunct associations; duties of commissioner and state treasurer; undistributed assets of defunct associations fund
§ 17-5565Remote service units
§ 17-5566Same; conditions to operation and use of; exceptions
§ 17-5567Same; extensions of credit through; withdrawal limitations
§ 17-5568Same; security measures as a condition for operation
§ 17-5569Same; unauthorized transactions; liability
§ 17-5570Same; definitions
§ 17-5571Prohibitions; injunctive relief; damages; definitions
§ 17-5572Finance subsidiary corporation; utilization by certain savings and loan associations; rules and regulations

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Kansas Laws: Savings and Loans

Kansas Statutes > Chapter 17 > Article 51 - Savings And Loan Code; Definitions
Kansas Statutes > Chapter 17 > Article 52 - Savings And Loan Code; Incorporation And Organization
Kansas Statutes > Chapter 17 > Article 53 - Savings And Loan Code; Management
Kansas Statutes > Chapter 17 > Article 54 - Savings And Loan Code; Capital
Kansas Statutes > Chapter 17 > Article 55 - Savings And Loan Code; Powers
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