17-1722. Corporations for the promotion of labor and industry; fees; tax exempt.
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/ks/chapter-17/17-1722A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-1722. Corporations for the promotion of labor and industry; fees; tax exempt. That five or more persons may form a corporation for the purpose of promoting the interest and welfare of labor and industry, which corporation shall not engage in business for profit; and no such corporation shall be required to pay any corporation taxes or any fees except filing and recording fees; the affairs of such corporation shall be managed by a board of directors composed of not less than five members.