Senate Status:
2021 Statute
Prev | Article 23. - TECHNOLOGY-ENABLED FIDUCIARY FINANCIAL INSTITUTIONS | Next |
9-2304. (a) To the extent a conflict does not exist between this act and chapter 9 of the Kansas Statutes Annotated, and amendments thereto, the provisions of chapter 9 of the Kansas Statutes Annotated, and amendments thereto, shall apply to a fiduciary financial institution in the same manner as it applies to a trust company except that references in chapter 9 to: (1) "Capital stock" includes membership capital and partner capital; (2) "stock" includes membership units and partnership interests; (3) "common stock" includes common units and common interests; (4) "preferred stock" includes preferred units and preferred interests; (5) "stockholders" includes members and partners; (6) "articles of incorporation" includes articles of organization and articles of limited partnership; (7) "incorporation" includes organization; (8) "corporation" includes company and partnership; (9) "corporate" includes company and partnership; (10) "trust business" and "business of a trust company" includes fidfin and fiduciary financial institution business; and (11) K.S.A. 9-901a(a), and amendments thereto, means K.S.A. 2021 Supp. 9-2305, and amendments thereto. (b) If any conflict exists between any provisions of chapter 9 of the Kansas Statutes Annotated, and amendments thereto, and this act, the provisions of this act shall control. |
History: L. 2021, ch. 80, § 4; July 1. |
Prev | Article 23. - TECHNOLOGY-ENABLED FIDUCIARY FINANCIAL INSTITUTIONS | Next |