Kan. Stat. § 40-2802

Current through 2024 Session Acts Chapter 5
Section 40-2802 - Same; tax in lieu of ad valorem levies

The tax levied under the provisions of this act shall be in lieu of ad valorem taxes which might otherwise be imposed by the state or political subdivisions thereof upon shares of capital stock and other intangible assets owned by such company.

K.S.A. 40-2802

L. 1970, ch. 184, § 2; 1/1/1971.