There is a newer version
of
this Section
2017 Kansas Statutes
Chapter 17 CORPORATIONS
Article 72a PUBLIC BENEFIT CORPORATIONS
17-72a07 Derivative suits.
Universal Citation: KS Stat § 17-72a07 (2017)
17-72a07. Derivative suits. Stockholders of a public benefit corporation owning individually or collectively, as of the date of instituting such derivative suit, at least 2% of the corporation's outstanding shares or, in the case of a corporation with shares listed on a national securities exchange, the lesser of such percentage or shares of at least $2,000,000 in market value, may maintain a derivative lawsuit to enforce the requirements set forth in K.S.A. 2017 Supp. 17-72a05(a), and amendments thereto.
History: L. 2017, ch. 71, § 7; July 1.
Disclaimer: These codes may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
