Kansas Statutes 17-4635. Application of general corporation code
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Terms Used In Kansas Statutes 17-4635
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) The provisions of the Kansas general corporation code and all powers and rights thereunder shall apply to the corporations organized under the electric cooperative act, except where such provisions are in conflict with or inconsistent with the express provisions of the electric cooperative act.
(b) The provisions of this section shall be a part of and supplemental to the electric cooperative act.