9-2009.   Failure to make or publish reports; penalty; legal proceeding.The commissioner may impose upon any bank or trust company which fails tomake and transmit or to publish any report required by this act a penaltyof not to exceed $50 for each day that it delays to make and transmit or topublish such report. Whenever any bank or trust company delays or refusesto pay such penalty, the commissioner is hereby authorized to maintain anaction in the name of the state of Kansas against the delinquent bank ortrust company for the recovery of such penalty, and all sums collected bysuch action shall be paid into the state treasury and placed to the creditof the banking department.

      History:   L. 1947, ch. 102, § 133; L. 1975, ch. 44, § 41;L. 1989, ch. 48, § 59; July 1.