Kan. Stat. Ann. § 17-7205
Limitations on continuation of close corporation status
Kansas · Kansas Statutes Annotated Chapter 17 — Corporations · Status: effective
Cite this
- Citation
- Kan. Stat. Ann. § 17-7205, Limitations on continuation of close corporation status, Kansas, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2439591
- Permanent ID
ys:prov:2439591@1- SHA-256
02020cf3f7b2786b0ed2aa9c085698fed421f3b7abb93df459fa8de79f311c06
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
A close corporation continues to be such and to be subject to the provisions of K.S.A. 17-7201 through 17-7216, and amendments thereto, until:
(a) It files with the secretary of state a certificate of amendment deleting from its articles of incorporation the provisions required or permitted by K.S.A. 17-7202, and amendments thereto, to be stated in the articles of incorporation to qualify it as a close corporation; or
(b) any one of the provisions or conditions required or permitted by K.S.A. 17-7202, and amendments thereto, to be stated in the articles of incorporation to qualify a corporation as a close corporation has been breached, in fact, and neither the corporation nor any of its stockholders takes the steps required by K.S.A. 17-7208, and amendments thereto, to prevent such loss of status or to remedy such breach.