9-2310. General powers.
89 words·~1 min read·
/ks/chapter-9/9-2310A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
9-2310. General powers. Any 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).