Technology-enabled Fiduciary Financial Institutions | Midpage

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Kansas Statutes

Article 23

Technology-enabled Fiduciary Financial Institutions

9-2301Citation of act; definitions 9-2302Organization; application for certificate of authority; out-of-state banks and trust companies criteria for approval; fingerprinting; applicable distribution 9-2303Fees and assessments; examination expenses; remittance of moneys 9-2304Provisions of state banking code applicable; exceptions; conflict of law 9-2305Capitalization requirements 9-2306Board of directors; membership; annual meeting; oath; notification of commissioner 9-2307Report to commissioner; examinations; requirements 9-2308Name of institution; advertising; restrictions 9-2309Maintaining suitable office space; requirements; staffing; maintenance of records 9-2310General powers 9-2311Financing; required distribution amount; schedules; remittance of moneys; disclosure to customers 9-2312Authorized functions; parties engaged by an institution; services to residents of other states 9-2313Custodial services; requirements 9-2314Trust advisor; rights, powers, immunities and liabilities 9-2315Excluded fiduciary; actions not liable for; relieved of certain duties; deemed administrative actions 9-2316Trust advisor; presumed fiduciary; jurisdiction; appointment 9-2317Entity as trust advisor; requirements 9-2318Indemnification of trust advisor; exceptions 9-2319Trustee compensation 9-2320Privacy; protection in court proceedings; exception 9-2321Forms; definition; request for review; review not approval or endorsement 9-2322Adoption of rules and regulations by the commissioner; contracts for technical assistance 9-2323No maximum interest rate or charge 9-2324Technology-enabled fiduciary financial institutions development and expansion fund; administration by secretary of commerce; purpose; interest earnings 9-2325Pilot program; requirements; fees; distributions; conversion to full charter; report to certain committees of the legislature 9-2326Trust interest not void or invalid by any common law rule 9-2327Tax classification as determined under the federal internal revenue code