Kansas Statutes 17-7902. Definitions
Terms Used In Kansas Statutes 17-7902
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.
- Covered entity: means :
(1) A corporation;
(2) a limited partnership;
(3) a limited liability partnership; and
(4) a limited liability company. See Kansas Statutes 17-7902
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Organic law: means the statutes, if any, other than this act, governing the internal affairs of a covered entity. See Kansas Statutes 17-7902
- Organic rules: means the public organic document and private organic rules of an entity. See Kansas Statutes 17-7902
- 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.
- Public organic document: means the filing of the public record which creates an entity and any amendment to or restatement of that record. See Kansas Statutes 17-7902
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
As used in this act:
(a) “Covered entity” means:
(1) A corporation;
(2) a limited partnership;
(3) a limited liability partnership; and
(4) a limited liability company.
(b) “Foreign covered entity” means a covered entity whose internal affairs are governed by the laws of a jurisdiction other than this state.
(c) “Public organic document” means the filing of the public record which creates an entity and any amendment to or restatement of that record.
(d) “Governor” means a person by or under whose authority the powers of an entity are exercised and under whose direction the business and affairs of the entity are managed pursuant to the organic law and organic rules of the entity.
(e) “Organic law” means the statutes, if any, other than this act, governing the internal affairs of a covered entity.
(f) “Organic rules” means the public organic document and private organic rules of an entity.
(g) This section shall take effect on and after January 1, 2015.