17-2717. Same; election to function as general corporation; how made. The corporation may elect, at any time, upon the vote of the owners of a majority of the issued and outstanding shares, to amend its articles of incorporation so as to prohibit its continued operation under this chapter and to substitute therefor authority for the said corporation to function as a corporation under the general corporation laws, chapter 17, Kansas Statutes Annotated. If such election is made, a certificate of amendment shall be filed in the office of the secretary of state, setting forth the purposes for which the corporation shall continue in operation, together with any other amendments necessary to comply with the requirements of chapter 17 of the Kansas Statutes Annotated.
History: L. 1965, ch. 157, ยง 12; June 30.
Structure Kansas Statutes
Article 27 - Professional Corporations
17-2706 Professional corporation law; citation.
17-2707 Professional corporation law; definitions.
17-2708 Same; general corporation law applicable.
17-2710 Same; purposes and powers.
17-2711 Professional corporation law; corporate name.
17-2712 Same; shares, who may hold; transfer, how; securities law not applicable.
17-2713 Same; directors and officers.
17-2717 Same; election to function as general corporation; how made.
17-2718 Same; annual report; annual report fee. [See Revisor's Note]
17-2719 Same; forfeiture of corporate right, when; trustees, powers.
17-2720 Certain entities deemed validly incorporated; requirements.