17-6511.   Rights of holders of bonds, debentures andother obligations of corporation.In its articles of incorporation, every corporation may confer upon the holdersof any bonds, debentures or other obligations issued or to be issued by thecorporation the power to vote in respect to the corporate affairs andmanagement of the corporation to the extent and in the manner provided in thearticles of incorporation, and may confer upon such holders of bonds,debentures or other obligations the same right of inspection of its books,accounts and other records, and also any other rights, which the stockholdersof the corporation have or may have by reason of this act or of its articles ofincorporation. If the articles of incorporation so provide such holders ofbonds, debentures or other obligations shall be deemed to be stockholders, andtheir bonds, debentures or other obligations shall be deemed to be sharesof stock, for the purpose of any provision of this act which requiresthe vote of stockholders as a prerequisite to any corporate action and thearticles of incorporation may divest the holders of capital stock, inwhole or in part, of their right to vote on any corporate matter whatsoever,except as set forth in K.S.A. 17-6602 and amendments thereto.

      History:   L. 1972, ch. 52, § 64;L. 1988, ch. 99, § 29;Revived and amend., L. 1988, ch. 100, § 29;L. 2004, ch. 143, § 36; Jan. 1, 2005.