17-7203. Formation of close corporation. A close corporation shall be formed in accordance with K.S.A. 17-6001, 17-6002 and 17-6003, except that:

(a) Its articles of incorporation shall contain a heading stating the name of the corporation and that it is a close corporation; and

(b) Its articles of incorporation shall contain the provisions required by K.S.A. 17-7202.

History: L. 1972, ch. 52, § 127; July 1.