Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 9-2310 - General powersAny fiduciary financial institution is hereby authorized to exercise by its board of directors or duly authorized officers or agents, subject to law, the following powers:
(a) To engage in fidfin transactions in accordance with K.S.A. 9-2311, and amendments thereto;(b) to receive, retain and manage alternative asset custody accounts in accordance with K.S.A. 9-2313, and amendments thereto; and(c) to engage in trust business as defined in K.S.A. 9-701, and amendments thereto, as incidental to the activities in subsections (a) and (b).Amended by L. 2022, ch. 55,§ 7, eff. 7/1/2022.Added by L. 2021, ch. 80,§ 10, eff. 7/1/2021.