9-812. Bank change of name; approval required. (a) No bank or trust company shall change its name until such name change has been submitted to and approved by the commissioner.
(b) The commissioner shall not approve the name selected for the bank if it is the name of any other bank: (1) Doing business in the same city or town; or
(2) within a 15-mile radius of any bank or branch bank.
(c) The commissioner shall not approve the name selected for the trust company if it is the same or substantially similar name of any other trust company doing business in the state of Kansas.
(d) Any bank or trust company may request exemption from the commissioner from subsection (b) or (c).
(e) Upon approval of such name change, the bank or trust company must notify and make the necessary filings as may be required by the Kansas secretary of state's office.
(f) Any bank or trust company authorized to do business pursuant to the state banking code may use a name other than the name approved by the commissioner, provided:
(1) The bank or trust company must notify the commissioner, and the commissioner must approve, any use of a name other than the name approved by the commissioner;
(2) the bank's or trust company's actual name is prominently displayed adjacent to any other name displayed; and
(3) the bank or trust company continues to use the name approved by the commissioner in all legally enforceable documents and memoranda.
History: L. 1986, ch. 53, § 1; L. 2001, ch. 87, § 1; L. 2015, ch. 38, § 31; L. 2016, ch. 54, § 11; July 1.
Structure Kansas Statutes
Chapter 9 - Banks And Banking; Trust Companies
Article 8 - Banking Code; Organization
9-801 Incorporation; application; criteria for approval of application.
9-802 Date of existence; transaction of business before authorization.
9-803 Renewal and extension of corporation; lapse in authority or existence.
9-804 Certificate of authority; examination; issuance.
9-806 Failure to engage in business; reapplication required.
9-809 Stockholder vote for conversion to national bank; copy of application to commissioner.
9-811 Prohibition against nonbank banks; exceptions.
9-812 Bank change of name; approval required.
9-814 Change of place of business; application and approval process.
9-815 Expenses of examination or investigation; payment; disposition of moneys received.