17-6811. Liability of stockholders of dissolved corporations. (a) A stockholder of a dissolved corporation the assets of which were distributed pursuant to K.S.A. 17-6810(a) or (b), and amendments thereto, shall not be liable for any claim against the corporation in an amount in excess of such stockholder's pro rata share of the claim or the amount so distributed to such stockholder, whichever is less.
(b) A stockholder of a dissolved corporation the assets of which were distributed pursuant to K.S.A. 17-6810(a), and amendments thereto, shall not be liable for any claim against the corporation on which an action, suit or proceeding is not begun prior to the expiration of the period described in K.S.A. 17-6807, and amendments thereto.
(c) The aggregate liability of any stockholder of a dissolved corporation for claims against the dissolved corporation shall not exceed the amount distributed to such stockholder in dissolution.
History: L. 1972, ch. 52, § 101; L. 2004, ch. 143, § 62; L. 2016, ch. 110, § 87; July 1.
Structure Kansas Statutes
Article 68 - Dissolution And Disposition Of Corporate Assets
17-6802 Mortgage or pledge of assets.
17-6803 Dissolution prior to issuing shares or commencing business; procedure.
17-6804 Dissolution; procedure; corporations having only two equal stockholders.
17-6805 Same; nonstock corporations; procedure.
17-6805a Dissolution of nonprofit corporation; federal exemption; disposition of corporate assets.
17-6806 Payment of fees prior to dissolution.
17-6808 Trustees or receivers for dissolved corporations; appointment; powers.
17-6808a Notice to claimants; filing of claims.
17-6809 Jurisdiction and powers of district court.
17-6811 Liability of stockholders of dissolved corporations.