Kansas Statutes > Chapter 9 > Article 12 – Banking Code; Transactions


§ 9-1201	Application
§ 9-1204	Deposits of minors
§ 9-1205	Joint accounts
§ 9-1206	Set off
§ 9-1207	Adverse claim to deposit
§ 9-1213	Payment of drafts of failed or closed banks
§ 9-1214	Payment of drafts of failed or closed banks; release from liability
§ 9-1215	Payable on death accounts

Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
Contract: A legal written agreement that becomes binding when signed.
Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Minor: means any person defined by Kan. See Kansas Statutes 77-201
Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Property: includes personal and real property. See Kansas Statutes 77-201
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201