17-1293. Same; notice of special meeting. (a) If a special meeting is requested, notice of the special meeting of shareholders shall be given as promptly as reasonably practicable by the issuing public corporation to all shareholders of record as of the record date set for the meeting, whether or not entitled to vote at the meeting.
(b) Notice of the special or annual shareholder meeting at which the voting rights are to be considered must include or be accompanied by both of the following:
(1) A copy of the acquiring person statement delivered to the issuing public corporation pursuant to this act.
(2) A statement by the board of directors of the corporation, authorized by its directors, of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the proposed control share acquisition.
History: L. 1988, ch. 93, ยง 8; April 21.
Structure Kansas Statutes
17-1286 Control share acquisitions; control shares, defined.
17-1287 Same; control share acquisition, defined.
17-1288 Same; interested shares, defined.
17-1289 Same; issuing public corporation, defined.
17-1290 Same; application of act.
17-1291 Same; acquiring person statement, contents.
17-1292 Same; special meeting to determine voting rights, when.
17-1293 Same; notice of special meeting.
17-1294 Same; voting rights of control shares; resolution.
17-1295 Same; redemption of shares, when.
17-1296 Same; dissenters' rights, notice.
17-1297 Same; control shares, voting rights; affiliate and associate, defined.