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74-601b. Powers, duties, authority and jurisdiction of bank commissioner and charter board under K.S.A. 17-1223 through 17-1251 conferred upon commission. All the powers, duties, authority and jurisdiction now exercised by and imposed by law upon the bank commissioner and upon the charter board relating to speculative securities, and all powers, duties, authority and jurisdiction imposed upon the bank commissioner or the charter board under chapter 140 [17-1223 to 17-1251] of the Laws of 1929, the same being article 12 of chapter 17 of the 1931 Supplement to the Revised Statutes of Kansas for 1923, are hereby transferred to and imposed and conferred upon the state corporation commission herein created, and said state corporation commission is hereby empowered and directed to do all things necessary and convenient for the proper exercise of all such powers, duties, authority and jurisdiction.

History: L. 1933, ch. 275, ยง 4; March 18.

CASE ANNOTATIONS

1. Amendment to K.S.A. 17-1229, passed in 1933, prevails over K.S.A. 74-601b. State, ex rel., v. State Corporation Comm., 138 Kan. 159, 160, 23 P.2d 606.

2. Securities deposited with bank commissioner passed to corporation commission. In re Bankers Mortg. Co. of Topeka, Kan., 83 F.2d 50, 54.


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