9-534.Same; application; approval; factors.
In determining whether to approve an application filed
pursuant to K.S.A. 9-532 and amendments thereto, the commissioner shall
consider the following factors:
(a) Whether the banks already subsidiaries of the applicant are operated in
a safe, sound and prudent manner.
(b) Whether banks already subsidiaries of the applicant have provided
adequate and appropriate services to their communities, including services
contemplated by the federal community reinvestment act of 1977, 12 U.S.C. 2901
et seq.
(c) Whether the applicant proposes to provide adequate and appropriate
services, including services contemplated by the federal community reinvestment
act of 1977, 12 U.S.C. 2901 et seq., in the communities served by the
Kansas bank or by the Kansas bank subsidiaries of the Kansas bank holding
company.
(d) Whether the proposed acquisition will result in a Kansas bank or
Kansas bank holding company that has adequate
capital and good earnings prospects.
(e) Whether the financial condition of the applicant or any of its
subsidiary banks would jeopardize the financial stability of the Kansas bank or
Kansas bank holding company which is the subject of the application.
History: L. 1991, ch. 45, § 6;
L. 1995, ch. 79, § 5; Sept. 29.
9-534.Same; application; approval; factors.
In determining whether to approve an application filed
pursuant to K.S.A. 9-532 and amendments thereto, the commissioner shall
consider the following factors:
(a) Whether the banks already subsidiaries of the applicant are operated in
a safe, sound and prudent manner.
(b) Whether banks already subsidiaries of the applicant have provided
adequate and appropriate services to their communities, including services
contemplated by the federal community reinvestment act of 1977, 12 U.S.C. 2901
et seq.
(c) Whether the applicant proposes to provide adequate and appropriate
services, including services contemplated by the federal community reinvestment
act of 1977, 12 U.S.C. 2901 et seq., in the communities served by the
Kansas bank or by the Kansas bank subsidiaries of the Kansas bank holding
company.
(d) Whether the proposed acquisition will result in a Kansas bank or
Kansas bank holding company that has adequate
capital and good earnings prospects.
(e) Whether the financial condition of the applicant or any of its
subsidiary banks would jeopardize the financial stability of the Kansas bank or
Kansas bank holding company which is the subject of the application.
History: L. 1991, ch. 45, § 6;
L. 1995, ch. 79, § 5; Sept. 29.
9-534.Same; application; approval; factors.
In determining whether to approve an application filed
pursuant to K.S.A. 9-532 and amendments thereto, the commissioner shall
consider the following factors:
(a) Whether the banks already subsidiaries of the applicant are operated in
a safe, sound and prudent manner.
(b) Whether banks already subsidiaries of the applicant have provided
adequate and appropriate services to their communities, including services
contemplated by the federal community reinvestment act of 1977, 12 U.S.C. 2901
et seq.
(c) Whether the applicant proposes to provide adequate and appropriate
services, including services contemplated by the federal community reinvestment
act of 1977, 12 U.S.C. 2901 et seq., in the communities served by the
Kansas bank or by the Kansas bank subsidiaries of the Kansas bank holding
company.
(d) Whether the proposed acquisition will result in a Kansas bank or
Kansas bank holding company that has adequate
capital and good earnings prospects.
(e) Whether the financial condition of the applicant or any of its
subsidiary banks would jeopardize the financial stability of the Kansas bank or
Kansas bank holding company which is the subject of the application.
History: L. 1991, ch. 45, § 6;
L. 1995, ch. 79, § 5; Sept. 29.
