Article 52.--SAVINGS AND LOAN CODE; INCORPORATION AND ORGANIZATION
17-5201.Petition for certificate of incorporation; notification and
hearing.
At any time hereafter any five or more individuals (hereinafter referred to
as the "incorporators"), citizens of this state, may form an association to
promote thrift and home financing, subject to approval as hereinafter
provided in this act, by signing and acknowledging before an
officer competent to take acknowledgments of deeds, two copies of a
petition for a certificate of incorporation in substantially the
following form, which shall be filed with the commissioner, accompanied
by the incorporation fee:
Petition for Certificate of Incorporation
______________, ______________,
(City) (State)
______________
(Date)
Savings and loan commissioner,
______________________________
(Address)
The undersigned respectfully apply for permission to organize a
savings and loan association under the name and style of __________
Savings and Loan Association __________, with home office to be located
at __________, in the county of __________. In support of our petition,
we submit the following:
1. All petitioners are citizens of the state of __________ and are
desirous of forming a local mutual thrift and home-financing association
in which people may invest their funds and which will provide primarily
for the financing of homes.
2. All petitioners are responsible persons of good character. There
is a need for such an institution in the community in which the home
office of the association is to be located; there is a reasonable
probability for its success and usefulness; and it can be established
without undue injury to existing properly conducted local thrift and
home-financing institutions.
3. Applicants are ready to submit to the savings and loan
commissioner and to the savings and loan board such evidence of the
facts herein stated as required by the commissioner or the board.
4. Petitioners agree not to represent themselves as authorized to do
business until this application is approved and further agree that upon
issuance of a certificate of incorporation to such petitioners, they
will proceed only in accordance with provisions of the savings and loan
act and rules and regulations made thereunder.
5. Names and post-office addresses of the incorporators, all of whom
are citizens of the state of __________, and the required amounts paid
in by each of the incorporators to the chairperson of the
incorporators, as
noted below, upon subscriptions to the capital in the aggregate sum of
$________ are as follows:
Post-office Capital Paid
Names Addresses In Full
______________ ______________ $______________
Chairperson
______________ ______________ $______________
______________ ______________ $______________
______________ ______________ $______________
______________ ______________ $______________
Total paid-in capital $______________
6. Directors. The names and post-office addresses of the
members, who shall serve as directors until the first annual meeting of
the members, are as follows:
Names Post-office Addresses
______________ ______________
______________ ______________
______________ ______________
______________ ______________
______________ ______________
In Witness Whereof, We have signed and acknowledged this
certificate of incorporation in duplicate. Dated this ________ day of
__________, 19__.
______________
______________
______________
______________
______________
State of ______, County of ______, ss.
On this ______ day of ______, 19__, before me, __________, a notary
public for the state of __________, personally appeared __________ to me
known and known to me to be the persons described as the incorporators
in and who executed the foregoing certificate of incorporation and
severally acknowledged the certificate of incorporation to be the
act and deed of the signers respectively and that the facts therein
stated are truly set forth.
______________
Notary Public.
Upon the receipt of this petition, the commissioner shall notify each
association having its home office in the applicant's county of such
petition for certificate of incorporation, by registered mail. Such
notification shall contain the information required under subsection (e) of
K.S.A. 77-518 and amendments thereto. The savings and loan board
shall conduct a hearing on the petition in accordance with the provisions
of the Kansas administrative procedure act. The board shall inquire into
the advisability of the issuance of a certificate of incorporation and
shall approve or disapprove the incorporation.
History: L. 1943, ch. 133, § 2; L. 1988, ch. 356, § 55; July 1, 1989.
Article 52.--SAVINGS AND LOAN CODE; INCORPORATION AND ORGANIZATION
17-5201.Petition for certificate of incorporation; notification and
hearing.
At any time hereafter any five or more individuals (hereinafter referred to
as the "incorporators"), citizens of this state, may form an association to
promote thrift and home financing, subject to approval as hereinafter
provided in this act, by signing and acknowledging before an
officer competent to take acknowledgments of deeds, two copies of a
petition for a certificate of incorporation in substantially the
following form, which shall be filed with the commissioner, accompanied
by the incorporation fee:
Petition for Certificate of Incorporation
______________, ______________,
(City) (State)
______________
(Date)
Savings and loan commissioner,
______________________________
(Address)
The undersigned respectfully apply for permission to organize a
savings and loan association under the name and style of __________
Savings and Loan Association __________, with home office to be located
at __________, in the county of __________. In support of our petition,
we submit the following:
1. All petitioners are citizens of the state of __________ and are
desirous of forming a local mutual thrift and home-financing association
in which people may invest their funds and which will provide primarily
for the financing of homes.
2. All petitioners are responsible persons of good character. There
is a need for such an institution in the community in which the home
office of the association is to be located; there is a reasonable
probability for its success and usefulness; and it can be established
without undue injury to existing properly conducted local thrift and
home-financing institutions.
3. Applicants are ready to submit to the savings and loan
commissioner and to the savings and loan board such evidence of the
facts herein stated as required by the commissioner or the board.
4. Petitioners agree not to represent themselves as authorized to do
business until this application is approved and further agree that upon
issuance of a certificate of incorporation to such petitioners, they
will proceed only in accordance with provisions of the savings and loan
act and rules and regulations made thereunder.
5. Names and post-office addresses of the incorporators, all of whom
are citizens of the state of __________, and the required amounts paid
in by each of the incorporators to the chairperson of the
incorporators, as
noted below, upon subscriptions to the capital in the aggregate sum of
$________ are as follows:
Post-office Capital Paid
Names Addresses In Full
______________ ______________ $______________
Chairperson
______________ ______________ $______________
______________ ______________ $______________
______________ ______________ $______________
______________ ______________ $______________
Total paid-in capital $______________
6. Directors. The names and post-office addresses of the
members, who shall serve as directors until the first annual meeting of
the members, are as follows:
Names Post-office Addresses
______________ ______________
______________ ______________
______________ ______________
______________ ______________
______________ ______________
In Witness Whereof, We have signed and acknowledged this
certificate of incorporation in duplicate. Dated this ________ day of
__________, 19__.
______________
______________
______________
______________
______________
State of ______, County of ______, ss.
On this ______ day of ______, 19__, before me, __________, a notary
public for the state of __________, personally appeared __________ to me
known and known to me to be the persons described as the incorporators
in and who executed the foregoing certificate of incorporation and
severally acknowledged the certificate of incorporation to be the
act and deed of the signers respectively and that the facts therein
stated are truly set forth.
______________
Notary Public.
Upon the receipt of this petition, the commissioner shall notify each
association having its home office in the applicant's county of such
petition for certificate of incorporation, by registered mail. Such
notification shall contain the information required under subsection (e) of
K.S.A. 77-518 and amendments thereto. The savings and loan board
shall conduct a hearing on the petition in accordance with the provisions
of the Kansas administrative procedure act. The board shall inquire into
the advisability of the issuance of a certificate of incorporation and
shall approve or disapprove the incorporation.
History: L. 1943, ch. 133, § 2; L. 1988, ch. 356, § 55; July 1, 1989.
Article 52.--SAVINGS AND LOAN CODE; INCORPORATION AND ORGANIZATION
17-5201.Petition for certificate of incorporation; notification and
hearing.
At any time hereafter any five or more individuals (hereinafter referred to
as the "incorporators"), citizens of this state, may form an association to
promote thrift and home financing, subject to approval as hereinafter
provided in this act, by signing and acknowledging before an
officer competent to take acknowledgments of deeds, two copies of a
petition for a certificate of incorporation in substantially the
following form, which shall be filed with the commissioner, accompanied
by the incorporation fee:
Petition for Certificate of Incorporation
______________, ______________,
(City) (State)
______________
(Date)
Savings and loan commissioner,
______________________________
(Address)
The undersigned respectfully apply for permission to organize a
savings and loan association under the name and style of __________
Savings and Loan Association __________, with home office to be located
at __________, in the county of __________. In support of our petition,
we submit the following:
1. All petitioners are citizens of the state of __________ and are
desirous of forming a local mutual thrift and home-financing association
in which people may invest their funds and which will provide primarily
for the financing of homes.
2. All petitioners are responsible persons of good character. There
is a need for such an institution in the community in which the home
office of the association is to be located; there is a reasonable
probability for its success and usefulness; and it can be established
without undue injury to existing properly conducted local thrift and
home-financing institutions.
3. Applicants are ready to submit to the savings and loan
commissioner and to the savings and loan board such evidence of the
facts herein stated as required by the commissioner or the board.
4. Petitioners agree not to represent themselves as authorized to do
business until this application is approved and further agree that upon
issuance of a certificate of incorporation to such petitioners, they
will proceed only in accordance with provisions of the savings and loan
act and rules and regulations made thereunder.
5. Names and post-office addresses of the incorporators, all of whom
are citizens of the state of __________, and the required amounts paid
in by each of the incorporators to the chairperson of the
incorporators, as
noted below, upon subscriptions to the capital in the aggregate sum of
$________ are as follows:
Post-office Capital Paid
Names Addresses In Full
______________ ______________ $______________
Chairperson
______________ ______________ $______________
______________ ______________ $______________
______________ ______________ $______________
______________ ______________ $______________
Total paid-in capital $______________
6. Directors. The names and post-office addresses of the
members, who shall serve as directors until the first annual meeting of
the members, are as follows:
Names Post-office Addresses
______________ ______________
______________ ______________
______________ ______________
______________ ______________
______________ ______________
In Witness Whereof, We have signed and acknowledged this
certificate of incorporation in duplicate. Dated this ________ day of
__________, 19__.
______________
______________
______________
______________
______________
State of ______, County of ______, ss.
On this ______ day of ______, 19__, before me, __________, a notary
public for the state of __________, personally appeared __________ to me
known and known to me to be the persons described as the incorporators
in and who executed the foregoing certificate of incorporation and
severally acknowledged the certificate of incorporation to be the
act and deed of the signers respectively and that the facts therein
stated are truly set forth.
______________
Notary Public.
Upon the receipt of this petition, the commissioner shall notify each
association having its home office in the applicant's county of such
petition for certificate of incorporation, by registered mail. Such
notification shall contain the information required under subsection (e) of
K.S.A. 77-518 and amendments thereto. The savings and loan board
shall conduct a hearing on the petition in accordance with the provisions
of the Kansas administrative procedure act. The board shall inquire into
the advisability of the issuance of a certificate of incorporation and
shall approve or disapprove the incorporation.
History: L. 1943, ch. 133, § 2; L. 1988, ch. 356, § 55; July 1, 1989.