Kansas § 38-2505 - Annual reporting; forms; rules and regulations

Full text of Kansas Kansas Statutes Annotated § 38-2505 — Annual reporting; forms; rules and regulations, with citation guidance and answers to common questions.

§ 38-2505. Annual reporting; forms; rules and regulations

38-2505. Annual reporting; forms; rules and regulations. (a) The secretary shall establish forms for an account holder to annually report information about any accounts held by such account holder. An account holder shall annually file with the account holder's state income tax return all forms required by the secretary under this section, the form 1099 for the account issued by the financial institution and any other supporting documentation the secretary requires.(b) Prior to July 1, 2025, the secretary shall adopt rules and regulations necessary to administer the provisions of this act.History: L. 2024, ch. 93, § 5; July 1.

Source: official Kansas text · Last verified 2026-08-27

Frequently Asked Questions About Kansas § 38-2505

What does Kansas Statutes Annotated § 38-2505 cover?

Section 38-2505 ("Annual reporting; forms; rules and regulations") 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 § 38-2505?

A common citation format is "Kansas Statutes Annotated § 38-2505" (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 § 38-2505 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.