17-6805.   Same; nonstock corporations; procedure.(a) Whenever it shall be desired to dissolve any corporation having no capitalstock, the governing body shall perform all theacts necessary for dissolution which are required by K.S.A. 17-6804, andamendments thereto, to beperformed by the board of directors of acorporation having capital stock. If the members of a corporation having nocapital stock are entitled to vote for theelection of members of its governing body, they shall perform all theacts necessary for dissolution which are required by K.S.A. 17-6804, andamendments thereto, to beperformed by the stockholders of acorporation having capital stock. If there is no member entitled to voteon such dissolution, the dissolution of the corporationshall be authorized at ameeting of the governing body, upon the adoption of a resolution todissolve by the vote of a majority of members of its governing body thenin office. In all other respects, the method and proceedings for thedissolution of a corporation having no capital stockshall conform as nearly as may be possible to the proceedings prescribed byK.S.A. 17-6804, and amendments thereto, for the dissolution of corporationshaving capital stock.

      (b)   If a corporation having no capital stock has not commenced thebusiness for which the corporation was organized, a majority of thegoverning body or, if none, a majority of the incorporators may surrenderall of the corporation's rights and franchises by filing in the office ofthe secretary of state a certificate, executed by amajority of the incorporators or governing body, conforming as nearly asmay be possible to the certificate prescribed by K.S.A. 17-6803, and amendmentsthereto.

      History:   L. 1972, ch. 52, § 95;L. 1988, ch. 99, § 47;Revived and amend., L. 1988, ch. 100, § 47;L. 1992, ch. 270, § 21;L. 2000, ch. 39, § 38; July 1.