Kansas § 17-6413 Payment for stock; rights of directors concerning stock not paid in full

Kansas Statutes

§ 17-6413 — Payment for stock; rights of directors concerning stock not paid in full

Kansas § 17-6413

Ch. 17CORPORATIONS

Art. 64STOCK AND DIVIDENDS

This text of Kansas § 17-6413 (Payment for stock; rights of directors concerning stock not paid in full) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 17-6413 (2026).

Text

The capital stock of a corporation shall be paid for in such amounts and at such times as the directors may require. From time to time, the directors may demand payment, in respect of each share of stock not fully paid, of such sum of money as the necessities of the business may require, in the judgment of the board of directors, not exceeding in the whole the balance remaining unpaid on said stock, and such sum so demanded shall be paid to the corporation at such times and by such installments as the directors shall direct. The directors shall give notice of the time and place of such payments to each holder of or subscriber for stock that is not fully paid at such holder's or subscriber's last known postal address and such notice shall be given at least 30 days before the time for such p

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The capital stock of a corporation shall be paid for in such amounts and at such times as the directors may require. From time to time, the directors may demand payment, in respect of each share of stock not fully paid, of such sum of money as the necessities of the business may require, in the judgment of the board of directors, not exceeding in the whole the balance remaining unpaid on said stock, and such sum so demanded shall be paid to the corporation at such times and by such installments as the directors shall direct. The directors shall give notice of the time and place of such payments to each holder of or subscriber for stock that is not fully paid at such holder's or subscriber's last known postal address and such notice shall be given at least 30 days before the time for such payment.