Find Bill
Find Your Legislator
Legislative Deadlines
Oct. 7, 2017
RSS Feed Permanent URL -A +A

2016 Statute



Prev Article 64. - STOCK AND DIVIDENDSNext


17-6409. Shares of stock deemed personal property and transferable; taxation. The shares of stock in every corporation shall be deemed personal property and transferable as provided in the acts contained in article 8 of chapter 84 of the Kansas Statutes Annotated, and amendments thereto. No stock or bonds issued by any corporation organized under this code shall be taxed by this state when the same shall be owned by nonresidents of this state, or by foreign corporations. Whenever any transfer of shares shall be made for collateral security, and not absolutely, it shall be so expressed in the entry of the transfer if, when the certificates are presented to the corporation for transfer or uncertificated shares are requested to be transferred, both the transferor and transferee request the corporation to do so.

History: L. 1972, ch. 52, § 36; L. 1986, ch. 399, § 6; L. 1988, ch. 99, § 14; Revived and amend., L. 1988, ch. 100, § 14; L. 2016, ch. 110, § 36; July 1.



Prev Article 64. - STOCK AND DIVIDENDSNext
2017. Powered by KLISS. Rendered: 2017-10-07T06:21:05. Head Rev No: 272629