17-7503

Chapter 17.--CORPORATIONS
Article 75.--CORPORATE FILINGS, REPORTS AND FEES

      17-7503.   Domestic corporations organized for profit;annual report; annual report fee.(a) Every domestic corporation organized for profit shall make an annualreport in writing to the secretary of state, stating the prescribed informationconcerning the corporation at the close of business on the last day of its taxperiod next preceding the date of filing, but if a corporation's tax period isother than the calendar year, it shall give notice thereof to the secretary ofstate prior to December 31 of the year it commences such tax period. Thereports shall be made on forms prescribed by the secretary of state. The reportshall be filed at the time prescribed by law for filing the corporation'sannual Kansas income tax return. The report shallcontain the following information:

      (1)   The name of the corporation;

      (2)   the location of the principal office;

      (3)   the names and addresses of the president, secretary, treasureror equivalent of such officers and members of the board of directors;

      (4)   the number of shares of capital stock issued;

      (5)   the nature and kind of business in which thecorporation is engaged; and

      (6)   if the corporation is a parent corporation holding more than 50%equity ownership in any other business entity registered with the secretary ofstate, the name and identification number of any such subsidiary businessentity.

      (b)   Every corporation subject to the provisions of this section which holdsagricultural land, as defined in K.S.A. 17-5903, and amendments thereto, withinthis state shall show the following additional information on the report:

      (1)   The acreage and location listed by section, range, township and county ofeach lot, tract or parcel of agricultural land in this state owned or leased byor to the corporation;

      (2)   the purposes for which such agricultural land is owned or leased and,if leased, to whom such agricultural land is leased;

      (3)   the value of the nonagricultural assets and the agriculturalassets, stated separately, owned and controlled by the corporation bothwithin and without the state of Kansas and where situated;

      (4)   the total number of stockholders of the corporation;

      (5)   the number of acres owned or operated by the corporation, the number ofacres leased by the corporation and the number of acres leased to thecorporation;

      (6)   the number of acres of agricultural land, held and reported in eachcategory under provision (5), stated separately, beingirrigated; and

      (7)   whether any of the agricultural land held and reported under thissubsection was acquired after July 1, 1981.

      (c)   The report shall be executed in accordance with the provisions ofK.S.A. 17-6003,and amendments thereto. The fact that an individual's name is signed onsuch report shall be prima facie evidence that such individual is authorized tosign the report on behalf of the corporation; however, the official title orposition of the individual signing the report shall be designated. This reportshall be dated and subscribed by the person as true, underpenalty of perjury. At the time of filing such annual report it shall be theduty of each domestic corporation organized for profit to pay to the secretaryof state an annual report fee in an amountequal to $40.

      History:   L. 1972, ch. 54, § 3;L. 1973, ch. 99, § 3;L. 1974, ch. 100, § 1;L. 1975, ch. 144, § 3;L. 1976, ch. 99, § 4;L. 1977, ch. 78, § 2;L. 1981, ch. 108, § 1;L. 1981, ch. 107, § 2;L. 1989, ch. 81, § 2;L. 1990, ch. 85, § 2;L. 1991, ch. 76, § 5;L. 1994, ch. 182, § 5;L. 1997, ch. 106, § 2;L. 2000, ch. 172, § 1;L. 2002, ch. 185, § 41;L. 2004, ch. 171, § 20;L. 2005, ch. 157, § 11; Jan. 1, 2006.