Kansas Statutes

§ 17-2330 — Capital stock

Kansas·Ch. 17 CORPORATIONS·Art. 23 DEVELOPMENT CREDIT CORPORATIONS; HOUSING LAWS
No such corporation shall be organized with a capital stock of less than twenty-five thousand dollars ($25,000), which shall be paid into the treasury of the corporation in cash before the corporation shall be authorized to transact any business other than such as relates to its organization.

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Legislative History

L. 1955, ch. 144, § 3; June 30.

Nearby Sections

15
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