Terms Used In Kansas Statutes 17-4652

  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

As used in the renewable energy electric generation cooperative act:

(a) “Cooperative” means any corporation organized under the renewable energy electric generation cooperative act or which becomes subject to the renewable energy electric generation cooperative act in the manner hereinafter provided.

(b) “Person” means any natural person, firm, association, corporation, limited liability company, business trust or partnership.

(c) “Renewable attributes” has the meaning provided in Kan. Stat. Ann. § 66-1,184a, and amendments thereto.

(d) “Renewable resources or technologies” means wind, solar, photovoltaic, biomass, hydropower, geothermal, waste incineration and landfill gas resources or technologies.