Kan. Stat. § 17-1509
Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
No corporation organized under the provisions of this act shall commence business until at least twenty percent of its capital stock has been paid for in actual cash, and a sworn statement to that effect has been filed with the secretary of state, and his receipt for the same shall be construed as a permit to do business.
K.S.A. 17-1509