17-5230. Establishment of branch office in state by out-of-state savings and loan, when.
17-5230
17-5230. Establishment of branch office in state by out-of-state
savings and loan, when.
Subject to such prohibitions, limitations and conditions as
the commissioner may by regulation prescribe, the commissioner may allow
any state chartered savings and loan association having its home office in
a state other than Kansas to establish and operate a branch office in the
state of Kansas if the law of the state where the home office of the
association is located permits the establishment and operation of such
branch offices in that state by associations with home offices in Kansas.
Such regulations shall not exceed the
authority granted to federally chartered savings and loan associations to
operate a branch in a state other than Kansas.
History: L. 1987, ch. 83, § 2; April 23.