17-6805. Same; nonstock corporations; procedure.
17-6805
17-6805. Same; nonstock corporations; procedure.
(a) Whenever it shall be desired to dissolve any corporation having no capital
stock, the governing body shall perform all the
acts necessary for dissolution which are required by K.S.A. 17-6804, and
amendments thereto, to be
performed by the board of directors of a
corporation having capital stock. If the members of a corporation having no
capital stock are entitled to vote for the
election of members of its governing body, they shall perform all the
acts necessary for dissolution which are required by K.S.A. 17-6804, and
amendments thereto, to be
performed by the stockholders of a
corporation having capital stock. If there is no member entitled to vote
on such dissolution, the dissolution of the corporation
shall be authorized at a
meeting of the governing body, upon the adoption of a resolution to
dissolve by the vote of a majority of members of its governing body then
in office. In all other respects, the method and proceedings for the
dissolution of a corporation having no capital stock
shall conform as nearly as may be possible to the proceedings prescribed by
K.S.A. 17-6804, and amendments thereto, for the dissolution of corporations
having capital stock.
(b) If a corporation having no capital stock has not commenced the
business for which the corporation was organized, a majority of the
governing body or, if none, a majority of the incorporators may surrender
all of the corporation's rights and franchises by filing in the office of
the secretary of state a certificate, executed by a
majority of the incorporators or governing body, conforming as nearly as
may be possible to the certificate prescribed by K.S.A. 17-6803, and amendments
thereto.
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.