Kansas Statutes Chapter 9. Banks and Banking; Trust Companies § 9-910. Dividends from capital stock prohibited; how current dividends paid

No dividends shall be paid from the capital stock account of a stock bank or trust company. The current dividends of any stock bank or trust company or of any mutual bank shall be paid from undivided profits after deducting losses. These losses are determined by using generally accepted accounting principles at the time of making the dividend.