Kan. Admin. Regs. § 17-11-23

Current through Register Vol. 43, No. 50, December 12, 2024

Section 17-11-23 - Other assets; records

Each bank or trust company shall maintain a central listing showing the following on any personal property taken in payment of a debt:

(a) a complete description of the property;

(b) the date of acquisition;

(c) the name of the original debtor;

(d) the total amount of indebtedness for which the personal property was acquired; and

(e) the cost of acquisition.

Kan. Admin. Regs. § 17-11-23

Authorized by K.S.A. 9-1713; implementing K.S.A. 1995 Supp. 9-1112 and 9-2103; effective Aug. 9, 1996.