Kansas § 17-2215 - Power to borrow money; limitations. A credit union shall have the power to borrow from any source, subject to special orders of or in accor
Full text of Kansas Kansas Statutes Annotated § 17-2215 — Power to borrow money; limitations. A credit union shall have the power to borrow from any source, subject to special orders of or in accor, with citation guidance and answers to common questions.
§ 17-2215. Power to borrow money; limitations. A credit union shall have the power to borrow from any source, subject to special orders of or in accor
17-2215. Power to borrow money; limitations. A credit union shall have the power to borrow from any source, subject to special orders of or in accordance with such rules and regulations as may be prescribed by the administrator, but the total of such borrowing shall at no time exceed 50% of the shares, undivided earnings and reserves of the borrowing credit union. Any credit union may discount with or sell to any federal intermediate credit bank any eligible obligations up to the amount of its shares and share certificates.History: L. 1929, ch. 141, § 15; L. 1981, ch. 101, § 4; L. 2019, ch. 22, § 14; July 1.
Source: official Kansas text · Last verified 2026-08-27
Frequently Asked Questions About Kansas § 17-2215
What does Kansas Statutes Annotated § 17-2215 cover?
Section 17-2215 ("Power to borrow money; limitations. A credit union shall have the power to borrow from any source, subject to special orders of or in accor") is part of the Kansas Statutes Annotated, the codified statutory law of Kansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Kansas § 17-2215?
A common citation format is "Kansas Statutes Annotated § 17-2215" (Kansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Kansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Kansas official source linked on this page or consult a licensed Kansas attorney.
How does Kansas § 17-2215 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Kansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Kansas.