Securing deposits of public moneys of out-of-state governmental units; when.

  1. Law
  2. Kansas Statutes
  3. Banks And Banking; Trust Companies
  4. Banking Code; Deposit Of Public Moneys
  5. Securing deposits of public moneys of out-of-state governmental units; when.

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9-1409. Securing deposits of public moneys of out-of-state governmental units; when.
A Kansas state bank may pledge any of the bank's assets as collateral or otherwise secure the deposits of public money for governmental units located in another state where the Kansas state bank has a branch location, so long as such security is given in accordance with the laws of that state.

History: L. 2015, ch. 38, § 1; July 1.


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