Kan. Stat. § 17-6421

Current through 2024 Session Acts Chapter 111
Section 17-6421 - Special purpose reserves

The directors of a corporation may set apart out of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.

K.S.A. 17-6421

L. 1972, ch. 52, § 48; July 1.