Kansas Statutes 17-1511. Amount of stock owned by one person; voting
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Terms Used In Kansas Statutes 17-1511
- 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.
No person shall be allowed to own or have any interest in more than ten percent of the capital stock of such corporation. Each member shall be entitled to one and only one vote for each director to be elected.