Kansas Statutes 2-1116. Definitions
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Terms Used In Kansas Statutes 2-1116
- 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 this act, the following words and phrases shall have the meanings respectively ascribed to them herein:
(a) “End intake air probes” means any instrument which is used by any person for the collection of grain samples for the testing of grains offered for sale, processing or storage by use of a vacuum;
(b) “person” means any individual, partnership, corporation, cooperative association or association of individuals;
(c) “grains” means wheat, corn, oats, barley, rye, soybeans and grain sorghums.