17-5603. Grant of approvals; consultation with federal savings and loan insurance corporation. - Kansas Statutes

17-5603

Chapter 17.--CORPORATIONS Article 56.--SAVINGS AND LOAN CODE; SUPERVISION

      17-5603.   Grant of approvals; consultation with federal savings and loan insurance corporation. In granting any of the approvals referred to in the following sections of this act, the commissioner shall consult the federal savings and loan insurance corporation, if the association affected by any such approval is an insured institution. The commissioner shall endeavor to obtain the approval, formally or informally, of said corporation. The commissioner may, in his discretion, withhold any approval referred to in this act if said corporation withholds its approval.

      History:   L. 1943, ch. 133, § 153; July 1.