17-7505.   Foreign corporations organized for profitor cooperative; annual report; annual report fee.(a) Every foreign corporation organized for profit, or organized under thecooperative type statutes of the state, territory or foreign country ofincorporation, now or hereafter doing business in this state, and owning orusing a part or all of its capital in this state, and subject to compliancewith the laws relating to the admission of foreign corporations to do businessin Kansas, shall make an annual report in writing to the secretary of state,stating the prescribed information concerning the corporation at the close ofbusiness on the last day of its tax period next preceding the date of filing,but if a corporation operates on a fiscal year other than the calendar year itshall give written notice thereof to the secretary of state prior to December31 of the year commencing such fiscal year. The report shall be made on a formprescribed by the secretary of state. The report shall be filed at the timeprescribed by law for filing the corporation's annual Kansas income taxreturn. The report shall contain thefollowing facts:

      (1)   The name of the corporation and under the laws of what state orcountry it is incorporated;

      (2)   the location of its principal office;

      (3)   the names and addresses of the president, secretary, treasurer,or 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 the company 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 andcounty of each lot, tract or parcel of agricultural land in this state owned orleased by or to the corporation;

      (2)   the purposes for which such agricultural land is owned or leasedand, 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 numberof acres 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 paragraph (5) of this subsection (b), 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 provisionsof K.S.A.17-6003, and amendments thereto. The fact that an individual's name issigned on such report shall be prima facie evidence that such individual isauthorized to sign the report on behalf of the corporation; however, theofficial title or position of the individual signing the report shall bedesignated. This report shall be dated and subscribed by theperson as true, under penalty of perjury.

      (d)   At the time of filing its annual report, each such foreigncorporation shall pay to the secretary of state an annualreport fee in an amount equal to $40.

      History:   L. 1972, ch. 54, § 5;L. 1973, ch. 99, § 5;L. 1974, ch. 100, § 3;L. 1975, ch. 144, § 5;L. 1976, ch. 99, § 6;L. 1977, ch. 78, § 4;L. 1981, ch. 108, § 3;L. 1981, ch. 107, § 4;L. 1987, ch. 89, § 5;L. 1989, ch. 81, § 3;L. 1990, ch. 85, § 4;L. 1991, ch.76, § 7;L. 1997, ch. 106, § 4;L. 2000, ch. 172, § 2;L. 2002, ch. 185, § 43;L. 2004, ch. 171, § 22;L. 2005, ch. 157, § 13; Jan. 1, 2006.