Mortgage or pledge of assets

17-6802. Mortgage or pledge of assets. The authorization or consent of stockholders to the mortgage or pledge of a corporation's property and assets shall not be necessary, except to the extent that the articles of incorporation otherwise provide. History: L. 1972, ch. 52, § 92; July 1. Source or Prior Law: 8 Del. C. § 272. Cross References to Related Sections: Power of corporation to mortgage or pledge its assets, see 17-6102(4). Power of corporation with respect to securities of other corporations, see 17-6103. Power of corporation to pledge its own shares of stock, see 17-6410. Power of corporation surviving or resulting from a merger or consolidation to mortgage property and assets, see 17-6710. Reorganization of corporation under U.S. statute, see 17-6913. Defense of usury not available to corporation in enforcing payment of any bond, note or other evidence of indebtedness, see 17-7105. Law Review and Bar Journal References: "Close Corporations and the Kansas General Corporation Code of 1972," Edwin W. Hecker, Jr., 22 K.L.R. 489, 505 (1974). 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