79-3216. History: L. 1933, ch. 320, § 16; L. 1935, ch. 312, § 10; L. 1945, ch. 365, § 2; L. 1955, ch. 417, § 5; Repealed, L. 1967, ch. 497, § 42; January 1, 1968. CASE ANNOTATIONS 1. Discussed in holding last sentence of K.S.A. 79-3213, ¶ d created unreasonable classification and unconstitutional. Hartman v. State Commission of Revenue and Taxation, 164 Kan. 67, 69, 70, 76, 187 P.2d 939. 2. Phrase "royalty payments" construed as purchase price payments; capital gain. Muntzel v. State Commission of Revenue & Taxation, 179 Kan. 775, 779, 298 P.2d 272. 3. Mentioned; liquidating corporation subject to capital gains tax. Republic Natural Gas Co. v. Axe, 197 Kan. 91, 94, 415 P.2d 406. 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