Kansas § 17-6908 Compensation, costs and expenses

Kansas Statutes

§ 17-6908 — Compensation, costs and expenses

Kansas·Ch. 17 CORPORATIONS·Art. 69 RECEIVERS FOR INSOLVENT CORPORATIONS

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.

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