Kansas Statutes 9-1127a. Same; services which may be performed for depository institutions
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Terms Used In Kansas Statutes 9-1127a
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
Without regard to the provisions of Kan. Stat. Ann. §§ 9-1127b and 9-1127c, and amendments thereto, a state bank may invest in a bank service company that performs, and a bank service company may perform, the following services only for depository institutions:
(a) Check and deposit sorting and posting, computation and posting of interest and other credits and charges;
(b) preparation and mailing of checks, statements, notices and similar items; or
(c) any other clerical, bookkeeping, accounting, statistical or similar functions performed for a depository institution.