Kansas § 17-6908 Compensation, costs and expenses

Kansas Statutes

§ 17-6908 — Compensation, costs and expenses

Kansas § 17-6908

Ch. 17CORPORATIONS

Art. 69RECEIVERS FOR INSOLVENT CORPORATIONS

This text of Kansas § 17-6908 (Compensation, costs and expenses) 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. § 17-6908 (2026).

Text

The district court, before making distribution of the assets of a corporation among the creditors or stockholders thereof, shall allow and pay out of the assets:

(a)A reasonable compensation to the trustee or receiver for the trustee's or receiver's services;

(b)the cost and expenses incurred in and about the execution of such trustee's or receiver's trust, including reasonable attorney fees; and (c) the costs of the proceedings in the court.

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The district court, before making distribution of the assets of a corporation among the creditors or stockholders thereof, shall allow and pay out of the assets: (a) A reasonable compensation to the trustee or receiver for the trustee's or receiver's services; (b) the cost and expenses incurred in and about the execution of such trustee's or receiver's trust, including reasonable attorney fees; and (c) the costs of the proceedings in the court.