Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 17-1289 - Issuing public corporation, defined(a) An "issuing public corporation" means a corporation organized under the laws of the state of Kansas that has:(1) One hundred or more shareholders;(2) its principal place of business or its principal office in Kansas, or that owns or controls assets within Kansas having a fair market value of more than $1,000,000; and(3) either: (A) More than 10% of its shareholders resident in Kansas;(B) more than 10% of its shares owned of record or beneficially by Kansas residents; or(C) one thousand shareholders resident in Kansas.(b) The residence of a shareholder is presumed to be the address appearing in the records of the corporation.Amended by L. 2016, ch. 110,§ 10, eff. 7/1/2016.L. 1988, ch. 93, § 4; April 21.