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Kansas Statutes

Article 72

Close Corporations

17-7201Laws applicable to close corporations 17-7202Close corporation defined; contents of articles of incorporation; effect of joint held stock 17-7203Formation of close corporation 17-7204Election of existing corporation to become close corporation 17-7205Limitations on continuation of close corporation status 17-7206Voluntary termination of status as close corporation; amendment of articles of incorporation; vote required 17-7207Issuance or transfer of stock of close corporation in breach of restrictions or conditions thereon; effect; conclusive presumptions; transfer defined; applicability and effect of section 17-7208Breach of condition necessary to status as close corporation; proceeding to prevent loss of status; jurisdiction and powers of district court 17-7209Invalid transfer of close corporation's security; corporate option 17-7210Agreement of stockholders to restrict discretion or powers of board of directors of close corporation 17-7211Management of close corporation by stockholders 17-7212Appointment of custodian for close corporation, when 17-7213Appointment of provisional director for close corporation, when; qualifications, rights and powers of provisional director 17-7214Operation of close corporation as partnership 17-7215Dissolution of close corporation at option of stockholders or upon event or contingency specified in articles of incorporation; disclosure of provision on stock certificates 17-7216Effect of close corporation provisions on other laws