Download or read book Attorney General Opinion No. 1981-150 written by Robert T. Stephan and published by . This book was released on 1981 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to its revision at the general election in November, 1980, the provisions of Article 13 of the Kansas Constitution applied only to banks of circulation and were designed to preserve control over any currency issued in this state by such banks. As revised, however, this article of the, constitution applies to all banks, and section 1 thereof requires that all banks be corporations which are established under a general banking law. If enacted, 1981 House Bill No. 2026, which proposes to establish the Public Bank of Kansas, would not constitute a general banking law. Thus, if the Public Bank of Kansas would be, in fact, a bank, the enactment of this bill would contravene said constitutional requirements. Cited herein: K.S.A. 9-702, Kan. Const., Art. 13, sections 1,2, 12 U.S.C. sections 264, 321.