Savings and Loan Code; Management | Midpage

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Kansas Statutes

Article 53

Savings and Loan Code; Management

17-5301Who considered members of association 17-5302Rights and duties of members controlled by bylaws 17-5303Membership fees prohibited; charges 17-5304Annual meeting of members 17-5305Voting rights of shareholders and borrowers 17-5306Voting by proxy 17-5307Quorum 17-5308Majority of all votes cast determines any question 17-5309Financial statement to be published annually 17-5310Bylaws control powers and duties of directors and officers 17-5311Association managed by board of directors 17-5312Directors; qualifications 17-5313Same; term of office 17-5314Same; number increased or decreased only by members 17-5315Indemnity bonds; required of directors, officers, employees, and agents 17-5316Same; collection agents 17-5317Same; to be approved by board of directors and commissioner 17-5318Same; blanket bond may be required by commissioner 17-5319Same; copies to be filed with commissioner 17-5320Same; cancellation, notice 17-5321Records to be kept at home office; record account of each person; availability 17-5322Annual closing of books 17-5323Misdescription of assets 17-5324Charging off or setting up reserves against bad assets; appeal from commissioner's order 17-5325Bonds and other obligations to be carried at actual cost; exception 17-5326Real estate to be carried at amount invested in same 17-5327Appraisal of real estate owned and that securing delinquent loans 17-5328Appraisal report to be kept in association's records 17-5329Maintenance of membership records