Article 66.--AMENDMENTS OF ARTICLES OF INCORPORATION; CHANGE IN CAPITAL OR CAPITAL STOCK
17-6601.Amendment of articles of incorporation
prior to receipt
of any payment for stock.
(a) Before a corporation has received any payment for any of its stock,
it may amend its articles of incorporation at any time or times, in any
and as many respects as may be desired, so long as its articles of
incorporation, as amended, would contain only such provisions as it
would be lawful and proper to insert in an original articles of
incorporation filed at the time of filing the amendment.
(b) The amendment of the articles of incorporation authorized by
this section shall be adopted by a majority of the incorporators, if
directors were not named in the original articles of incorporation or
have not yet been elected, or, if directors were named in the original
articles of incorporation or have been elected and have qualified, by a
majority of the directors. A certificate setting forth the amendment and
certifying that the corporation has not received any payment for any of
its stock and that the amendment has been duly adopted in accordance
with the provisions of this section shall be executed
and filed in accordance with K.S.A. 17-6003, and
amendments thereto.
Upon such filing, the corporation's articles of incorporation shall be
deemed to be amended accordingly as of the date on which the original
articles of incorporation became effective except as to those persons who
are substantially and adversely affected by the amendment and as to those
persons the amendment shall be effective from the filing date.
History: L. 1972, ch. 52, § 74;
L. 1988, ch. 99, § 34;
Revived and amend., L. 1988, ch. 100, § 34;
L. 1999, ch. 39, § 11;
L. 2000, ch. 39, § 24; July 1.
Article 66.--AMENDMENTS OF ARTICLES OF INCORPORATION; CHANGE IN CAPITAL OR CAPITAL STOCK
17-6601.Amendment of articles of incorporation
prior to receipt
of any payment for stock.
(a) Before a corporation has received any payment for any of its stock,
it may amend its articles of incorporation at any time or times, in any
and as many respects as may be desired, so long as its articles of
incorporation, as amended, would contain only such provisions as it
would be lawful and proper to insert in an original articles of
incorporation filed at the time of filing the amendment.
(b) The amendment of the articles of incorporation authorized by
this section shall be adopted by a majority of the incorporators, if
directors were not named in the original articles of incorporation or
have not yet been elected, or, if directors were named in the original
articles of incorporation or have been elected and have qualified, by a
majority of the directors. A certificate setting forth the amendment and
certifying that the corporation has not received any payment for any of
its stock and that the amendment has been duly adopted in accordance
with the provisions of this section shall be executed
and filed in accordance with K.S.A. 17-6003, and
amendments thereto.
Upon such filing, the corporation's articles of incorporation shall be
deemed to be amended accordingly as of the date on which the original
articles of incorporation became effective except as to those persons who
are substantially and adversely affected by the amendment and as to those
persons the amendment shall be effective from the filing date.
History: L. 1972, ch. 52, § 74;
L. 1988, ch. 99, § 34;
Revived and amend., L. 1988, ch. 100, § 34;
L. 1999, ch. 39, § 11;
L. 2000, ch. 39, § 24; July 1.
Article 66.--AMENDMENTS OF ARTICLES OF INCORPORATION; CHANGE IN CAPITAL OR CAPITAL STOCK
17-6601.Amendment of articles of incorporation
prior to receipt
of any payment for stock.
(a) Before a corporation has received any payment for any of its stock,
it may amend its articles of incorporation at any time or times, in any
and as many respects as may be desired, so long as its articles of
incorporation, as amended, would contain only such provisions as it
would be lawful and proper to insert in an original articles of
incorporation filed at the time of filing the amendment.
(b) The amendment of the articles of incorporation authorized by
this section shall be adopted by a majority of the incorporators, if
directors were not named in the original articles of incorporation or
have not yet been elected, or, if directors were named in the original
articles of incorporation or have been elected and have qualified, by a
majority of the directors. A certificate setting forth the amendment and
certifying that the corporation has not received any payment for any of
its stock and that the amendment has been duly adopted in accordance
with the provisions of this section shall be executed
and filed in accordance with K.S.A. 17-6003, and
amendments thereto.
Upon such filing, the corporation's articles of incorporation shall be
deemed to be amended accordingly as of the date on which the original
articles of incorporation became effective except as to those persons who
are substantially and adversely affected by the amendment and as to those
persons the amendment shall be effective from the filing date.
History: L. 1972, ch. 52, § 74;
L. 1988, ch. 99, § 34;
Revived and amend., L. 1988, ch. 100, § 34;
L. 1999, ch. 39, § 11;
L. 2000, ch. 39, § 24; July 1.