17-7203. Formation of close corporation. A close corporation shall be formed in accordance with K.S.A. 17-6001 and 17-6002 and K.S.A. 2021 Supp. 17-7908 through 17-7910, and amendments thereto, except that:
(a) Its articles of incorporation shall contain a heading stating the name of the corporation and that it is a close corporation; and
(b) its articles of incorporation shall contain the provisions required by K.S.A. 17-7202, and amendments thereto.
History: L. 1972, ch. 52, § 127; L. 2016, ch. 110, § 107; July 1.
Structure Kansas Statutes
Article 72 - Close Corporations
17-7201 Laws applicable to close corporations.
17-7203 Formation of close corporation.
17-7204 Election of existing corporation to become close corporation.
17-7205 Limitations on continuation of close corporation status.
17-7209 Invalid transfer of close corporation's security; corporate option.
17-7211 Management of close corporation by stockholders.
17-7212 Appointment of custodian for close corporation, when.
17-7214 Operation of close corporation as partnership.
17-7216 Effect of close corporation provisions on other laws.