17-2032. Same; conditions precedent to beginning business; liability for violations.
17-2032
17-2032. Same; conditions precedent to beginning business;
liability for violations.
No business trust shall transact any business in this state, except such
as may be incidental to its organization, until it has fully complied
with K.S.A. 17-2030 and 17-2031, and in event of
any violation hereof all trustees of such business trust, except those
who filed their written dissent in the office of the secretary of state
before such business was transacted, shall be jointly and severally
liable for all debts and obligations of the business trust arising from
the business so transacted in this state prior to compliance with
K.S.A. 17-2030 and 17-2031.
History: L. 1961, ch. 127, § 6; April 29.