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2009 Kansas Code
Chapter 17 CORPORATIONS
Article 64 STOCK AND DIVIDENDS
17-6421. Special purpose reserves.

17-6421

Chapter 17.--CORPORATIONS
Article 64.--STOCK AND DIVIDENDS

      17-6421.   Special purpose reserves. The directors of a corporation may set apart out of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.

      History:   L. 1972, ch. 52, § 48; July 1.

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