Kan. Admin. Regs. § 17-17-3 - Adoption of policy by bank
(a) The board of
directors shall establish a written policy to engage in financial futures
contracts. Policy objectives and limitations shall be specific enough to
outline permissible contract strategies and their relationship to other banking
activities.
(b) Record keeping
systems shall be sufficiently detailed to permit internal auditors and
examiners to determine whether operating personnel have acted in accordance
with authorized objectives.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.