17-5644. Order of commissioner redelivering association to directors; recordation. - Kansas Statutes

17-5644

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

      17-5644.   Order of commissioner redelivering association to directors; recordation. A signed and sealed copy of such order of the commissioner redelivering the association to the board of directors shall be recorded with the register of deeds of the county in which the home office of the association may be located in the same manner as is provided in this act for the recordation of a certificate of the commissioner appointing a receiver, and upon such recordation all the property of the association shall become vested in the association by operation of law.

      History:   L. 1943, ch. 133, § 197; July 1.