Find Bill
Find Your Legislator
Legislative Deadlines
Jan. 19, 2018
RSS Feed Permanent URL -A +A

2016 Statute

Prev Article 12. - SECURITIESNext

17-1289. Same; issuing public corporation, defined. (a) An "issuing public corporation" means a corporation organized under the laws of the state of Kansas that has:

(1) One hundred or more shareholders;

(2) its principal place of business or its principal office in Kansas, or that owns or controls assets within Kansas having a fair market value of more than $1,000,000; and

(3) either:

(A) More than 10% of its shareholders resident in Kansas;

(B) more than 10% of its shares owned of record or beneficially by Kansas residents; or

(C)  one thousand shareholders resident in Kansas.

(b) The residence of a shareholder is presumed to be the address appearing in the records of the corporation.

History: L. 1988, ch. 93, § 4; L. 2016, ch. 110, § 10; July 1.

Prev Article 12. - SECURITIESNext
2018. Powered by KLISS. Rendered: 2018-01-19T22:39:06. Head Rev No: 367914