Repealed

17-610. History: G.S. 1868, ch. 23, § 15; L. 1889, ch. 109, § 1; R.S. 1923, 17-610; L. 1931, ch. 138, § 1; Repealed, L. 1939, ch. 152, § 154; June 30. Source or Prior Law: L. 1866, ch. 57, § 21. CASE ANNOTATIONS 1. Corporation has power to borrow money and execute obligations therefor; corporation cannot retain money or property and repudiate obligation therefor. Capital Co. v. March, 10 Kan. App. 40, 47, 61 P. 876. 2. Corporation cannot sell or mortgage franchise granted for its existence; corporation may sell or mortgage secondary franchise granted by city. The State v. Water Co., 61 Kan. 547, 558, 60 P. 337. 3. R.S. 1923, 17-610 cited in determining what constitutes bonds bank may purchase. First State Bank v. Bone, 122 Kan. 493, 501, 252 P. 250. 4. Cited in discussing power of corporation to dispose of property. First National Bank v. Paramount Transit Co., 139 Kan. 808, 812, 33 P.2d 300. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026