Ch. 82 1997 Session Laws of Kansas 307
Be it enacted by the Legislature of the State of
Section 1. K.S.A. 17-4911 is hereby amended to read as
This act The uniform act for the
simplification of fiduciary se-
curity transfers does not affect any obligation of a corporation or transfer
agent with respect to estate, inheritance, succession or other taxes im-
posed by the laws of this state. For purposes of the lien imposed by K.S.A.
79-1569, and amendments thereto, however, a transfer made under the
provisions of such act shall be deemed to have been made in accordance
with law, and a corporation or transfer agent need not require that a
fiduciary furnish a consent to transfer as proof of release of the lien prior
to the completion of a transfer made under the provisions of such act.
Sec. 2. K.S.A. 17-4911 is hereby repealed.
Sec. 3. This act shall take effect and be in force from and
publication in the statute book.
Approved April 10, 1997.