Kansas Statutes
§ 16-1007 — Repurchase obligations in bankruptcy
(a)K.S.A. 16-1002, and amendments thereto, shall apply to the repurchase obligation of any wholesaler, manufacturer, distributor or transferee of any wholesaler, manufacturer or distributor who has filed on or files subsequent to the effective date of this act for protection from creditors pursuant to 11 United States Code 101 et seq.
(b)K.S.A. 16-1002, and amendments thereto, shall apply to the repurchase obligation of any wholesaler, manufacturer, distributor or transferee of any wholesaler, manufacturer or distributor who has a case pending on the effective date of this act for protection from creditors pursuant to 11 United States Code 101 et seq.
(c)This section shall be part of and supplemental to article 10 of chapter 16 of the Kansas Statutes Annotated.
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Related
§ 16-1002
Kansas § 16-1002
Legislative History
L. 1989, ch. 71, § 2; April 20.
Nearby Sections
15
§ 16-1001
Definitions§ 16-1003
Repurchase not required, when§ 16-1005
Death of retailer or majority stockholder of corporation retailing farm equipment or repair parts§ 16-1006
Severability of act§ 16-1007
Repurchase obligations in bankruptcy§ 16-106
Use of private seals§ 16-107
Import of consideration§ 16-108
Want of consideration as defense