17-6908. Same; compensation, costs and expenses. The district court, before making distribution of the assets of a corporation among the creditors or stockholders thereof, shall allow and pay out of the assets: (a) A reasonable compensation to the trustee or receiver for the trustee's or receiver's services; (b) the cost and expenses incurred in and about the execution of such trustee's or receiver's trust, including reasonable attorney fees; and (c) the costs of the proceedings in the court.
History: L. 1972, ch. 52, § 111; L. 2004, ch. 143, § 69; L. 2016, ch. 110, § 96; July 1.
Structure Kansas Statutes
Article 69 - Insolvency; Receivers
17-6901 Receivers for insolvent corporations; appointment; powers.
17-6903 Same; notices to stockholders and creditors.
17-6904 Same; filing inventory of corporate assets and list of debts owing and receivable.
17-6905 Same; proof of claims by creditors; claims barred, when; notice.
17-6906 Same; procedure for adjudicating creditors' claims; appeal.
17-6907 Same; sale of perishable or deteriorating property during pendency of litigation.
17-6908 Same; compensation, costs and expenses.
17-6909 Same; substitution of receiver as plaintiff; abatement of actions.
17-6910 Employee's lien for wages when corporation insolvent.
17-6911 Discontinuance of liquidation of assets; dismissal of trustee or receiver.
17-6912 Compromise or arrangement between corporation and stockholders or creditors.
17-6913 Proceeding under the federal bankruptcy code of the United States; implementation.