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2024 Kansas Statutes
Chapter 17 - Corporations
Article 64 - Stock And Dividends
17-6421 Special purpose reserves.
Universal Citation:
KS Stat § 17-6421 (2024)
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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, ยง 48; July 1.
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