§ 17-6801 Sale, lease or exchange of assets; consideration; procedure; abandonment of proposed sale, lease or exchange
§ 17-6802 Mortgage or pledge of assets
§ 17-6803 Dissolution prior to issuing shares or commencing business; procedure
§ 17-6804 Dissolution; procedure; corporations having only two equal stockholders
§ 17-6805 Same; nonstock corporations; procedure
§ 17-6805a Dissolution of nonprofit corporation; federal exemption; disposition of corporate assets
§ 17-6806 Payment of fees prior to dissolution
§ 17-6807 Continuation of corporation after dissolution for purposes of settling and closing business affairs
§ 17-6808 Trustees or receivers for dissolved corporations; appointment; powers
§ 17-6808a Notice to claimants; filing of claims
§ 17-6809 Jurisdiction and powers of district court
§ 17-6810 Dissolved corporation or successor entity; payment of corporate debts; distribution to stockholders
§ 17-6811 Liability of stockholders of dissolved corporations
§ 17-6812 Revocation or forfeiture of articles of incorporation; jurisdiction and powers of district court; proceedings by attorney general
§ 17-6813 Dissolution or forfeiture of articles of incorporation by court decree or judgment; filing of decree or judgment

Terms Used In Kansas Statutes > Chapter 17 > Article 68 - Dissolution and Disposition of Corporate Assets

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fraud: Intentional deception resulting in injury to another.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Guardian: means an individual or a nonprofit corporation certified in accordance with K. See Kansas Statutes 77-201
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Property: includes personal and real property. See Kansas Statutes 77-201
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
  • Trustee: A person or institution holding and administering property in trust.