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Kansas Statutes Chapter 9. Banks and Banking; Trust Companies § 9-1127a. Same; services which may be performed for depository institutions

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Without regard to the provisions of K.S.A. 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.

Cite this article: FindLaw.com - Kansas Statutes Chapter 9. Banks and Banking; Trust Companies § 9-1127a. Same; services which may be performed for depository institutions - last updated January 01, 2020 | https://codes.findlaw.com/ks/chapter-9-banks-and-banking-trust-companies/ks-st-sect-9-1127a.html


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