Kansas Statutes

§ 74-8309 — Same; decertification; effect on tax credits

Kansas § 74-8309
JurisdictionKansas
Ch. 74STATE BOARDS, COMMISSIONS AND AUTHORITIES
Art. 83KANSAS VENTURE CAPITAL COMPANY ACT

This text of Kansas § 74-8309 (Same; decertification; effect on tax credits) 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. § 74-8309 (2026).

Text

(a)Investors in a Kansas venture capital company are required to remit to the secretary of revenue full payment for all tax credits claimed under the Kansas venture capital company act if (1) at any time the Kansas venture capital company is decertified by the department of commerce for noncompliance with the Kansas venture capital company act or (2) the Kansas venture capital company voluntarily decertifies itself prior to the end of the seventh year following its certification.
(b)Investors in a Kansas venture capital company are entitled to keep all of the tax credits claimed under the Kansas venture capital company act if the Kansas venture capital company is in compliance with the Kansas venture capital company act and voluntarily decertifies itself after the end of the seventh year

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Legislative History

L. 1986, ch. 285, § 9; L. 1987, ch. 320, § 4; May 7.

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Bluebook (online)
Kansas § 74-8309, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/74-8309.