17-6015. Forum selection provisions regarding internal corporate claims.
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/ks/chapter-17/17-6015A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-6015. Forum selection provisions regarding internal corporate claims.
(a)The articles of incorporation or the bylaws may require, consistent with applicable jurisdictional requirements, that any or all internal corporate claims shall be brought solely and exclusively in any or all of the courts in this state, and no provision of the articles of incorporation or the bylaws may prohibit bringing such claims in the courts of this state. "Internal corporate claims" means claims, including claims in the right of the corporation:
(1)That are based upon a violation of a duty by a current or former director or officer or stockholder in such capacity; or
(2)as to which this title* confers jurisdiction upon the district court.
(b)This section shall be part of and supplemental to article 60 of chapter 17 of the Kansas Statutes Annotated, and amendments thereto.