Kansas Statutes

§ 17-6421 — Special purpose reserves

Kansas § 17-6421

JurisdictionKansas

Ch. 17CORPORATIONS

Art. 64STOCK AND DIVIDENDS

This text of Kansas § 17-6421 (Special purpose reserves) 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. § 17-6421 (2026).

Text

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.

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Legislative History

L. 1972, ch. 52, § 48; July 1.

Nearby Sections

15

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§ 17-10a02

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Laws applicable upon ceasing to be a member

§ 17-10a04

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Application of act

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Bluebook (online)

Kansas § 17-6421, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/17-6421.