Committee hears SB 139 to amend Kansas banking code; trust-company rules, relocation distance and reciprocity among key changes
Supporters told the Senate FINI committee SB 139 updates definitions, clarifies administrative hearing procedures under the Kansas Administrative Procedure Act, raises the trust‑office relocation threshold from 1 mile to 10 miles, and creates reciprocal requirements for out‑of‑state trust companies doing business in Kansas.
The full story
The Senate Committee on FINI heard proponent testimony on Senate Bill 139, a broad update to parts of the Kansas banking code that would change filing timelines, trust‑company rules, and reciprocity standards for nonresident trust companies.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in