Kan. Stat. § 9-1719

Current through 2024 Session Acts Chapter 94

Section 9-1719 - [Effective 7/1/2024] Change of control; definitions

As used in K.S.A. 9-1719 to 9-1722, inclusive, and amendments thereto:

(a) "Applicant" means a person who has submitted a change of control application pursuant to K.S.A. 9-1721, and amendments thereto.

(b) "Control" means the power to:

(1) Vote 25% or more of any class of voting shares;

(2) direct, in any manner, the election of a majority of the directors; or

(3) direct or exercise a controlling influence over the management or policies.

(c) "Person" means an individual or a corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or any other form of entity not specifically listed in this subsection.

K.S.A. 9-1719

Amended by L. 2024, ch. 15,§ 14, eff. 7/1/2024.

Amended by L. 2015, ch. 38,§ 109, eff. 7/1/2015.

L. 1984, ch. 47, § 1; L. 1987, ch. 54, § 9; May 7.

This section is set out more than once due to postponed, multiple, or conflicting amendments.