17-7201. Laws applicable to close corporations.
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/ks/chapter-17/17-7201A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-7201. Laws applicable to close corporations.
(a)K.S.A. 17-7201 through 17-7216 , and amendments thereto, apply to all close corporations, as defined in K.S.A. 17-7202 , and amendments thereto. Unless a corporation elects to become a close corporation under the foregoing sections in the manner prescribed therein, it shall be subject in all respects to the provisions of this code, except the provisions of K.S.A. 17-7201 through 17-7216 , and amendments thereto.
(b)All provisions of this code shall be applicable to all close corporations, as defined in K.S.A. 17-7202 , and amendments thereto, except as otherwise provided in K.S.A. 17-7201 through 17-7216 , and amendments thereto.