2014 Kansas Statutes
Chapter 40 INSURANCE
Article 3 ORGANIZATION, MERGER OR CONSOLIDATION OF STOCK COMPANIES
40-304 Subscription of stock.
40-304. Subscription of stock. After filing a copy of its charter with the commissioner of insurance, and receiving a certificate of authority for the sale of stock as provided in this code, the persons named in the charter shall be commissioners to open books for the subscription of stock in the company, at such times and places as they shall deem convenient and proper, and shall keep the same open until the full amount specified in the certificate of incorporation is subscribed.
History: L. 1927, ch. 231, 40-304; June 1.
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