Chapter 17 — CORPORATIONS

17-2334. Restrictions on deposits. Such corporation shall not deposit any of its funds in any banking institution unless such institution has been designated as a depository by a vote of a majority of the directors, exclusive of the vote of any director who is an officer or direc…

17-2335. Supervision by bank commissioner. Such corporation shall be subject to the tax imposed by K.S.A. 79-1108 et seq., upon banks, and shall be subject to the examination, supervision and control of the bank commissioner and shall make such report of its condition from time t…

17-2336. Housing bonds legal investments for banking and insurance institutions; authorized security for public deposits. All banks, bankers, trust companies, savings banks and institutions, investment companies, insurance companies, insurance associations and other persons carry…

17-2337. Title of act. This act may be referred to as the "municipal housing law." History: L. 1957, ch. 132, § 1; April 26. Attorney General's Opinions: Mortgage registration fee; exemption therefrom. 80-7. Topeka Housing Authority is liable for negligence of its employees; city…

17-2338. Legislative findings; declaration of necessity. It is hereby declared: (a) That there exist in urban areas in the state insanitary, unsafe, and overcrowded dwelling accommodations; that in such urban areas within the state there is a shortage of safe or sanitary dwelling…

17-2339. Definitions. The following terms, wherever used or referred to in this act, shall have the following respective meanings, unless a different meaning clearly appears from the context: (a) "Housing authority" or "authority" shall mean any agency of a municipality created p…

17-2340. Housing authority by municipalities; creation; delegation of authority; powers. Every municipality in addition to other powers conferred by this or any other act, shall have power, by proper resolution of its governing body, to create as an agent of such municipality an …

17-2341. Commissioners of authority; appointment, qualifications, terms, compensation, meetings, officers. When the governing body of a municipality adopts a resolution as aforesaid, it shall promptly notify the mayor or board of county commissioners of its adoption. Upon receivi…

17-2342. History: L. 1957, ch. 132, § 6; Repealed, L. 1970, ch. 366, § 22; April 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents…

17-2343. Removal of commissioners, when; hearing. For inefficiency or neglect of duty or misconduct in office, a commissioner of an authority may be removed by the mayor or board of county commissioners; but a commissioner shall be removed only after a hearing and after he shall …

17-2344. Determinations by governing body. In determining whether dwelling accommodations are unsafe or insanitary, a governing body shall take into consideration the physical condition of the dwelling accommodations, the degree of overcrowding, the percentage of land coverage, t…

17-2345. Powers of governing body. Every municipality, in addition to other powers conferred by this or any other act, shall have powers: (a) To prepare, carry out, and operate housing projects and to provide for the construction, reconstruction, improvement, extension, alteratio…

17-2346. Operation of housing projects; nonprofit; fixing rentals; non-dwelling facilities, rental. It is hereby declared to be the policy of this state that each municipality shall manage and operate its housing projects in an efficient manner so as to enable it to fix the renta…

17-2347. Housing rentals and tenant admissions; non-dwelling facilities, tenants and rental. A municipality shall: (a) Rent or lease the dwelling accommodations in a housing project only to persons of low income and at rentals within the financial reach of such persons; (b) rent …

17-2348. Cooperation between municipalities and housing authorities. Any two or more municipalities or authorities may join or cooperate with one another in the exercise either jointly or otherwise of any or all of their powers for the purpose of financing, planning, undertaking,…

17-2349. Municipal housing; exemption from special assessments; payments in lieu of taxes. The property acquired or held pursuant to this act is declared to be public property used exclusively for essential city, municipal public and governmental purposes and such property shall …

17-2350. Planning, zoning and building laws. All housing projects of a municipality shall be subject to the planning, zoning, sanitary and building laws, ordinances and regulations applicable to the locality in which the project is situated. History: L. 1957, ch. 132, § 14; L. 19…

17-2351. Issuance of revenue bonds; types; exempt from taxation. A municipality shall have power to issue bonds from time to time in its discretion, for any of the purposes of this act. A municipality shall also have power to issue refunding bonds for the purpose of paying or ret…

17-2352. Bonds of municipality; resolution; terms and conditions. Bonds of a municipality shall be authorized by its resolution and may be issued in one or more series and shall bear such date or dates, mature at such time or times, bear interest at such rate or rates, not exceed…

17-2353. Same; bond provisions; trust indentures; mortgages. In connection with the issuance of bonds pursuant to this act or the incurring of obligations under leases made pursuant to this act and in order to secure the payment of the bonds or obligations, a municipality, in add…

17-2354. Remedies of an obligee. An obligee of a municipality shall have the right in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon any such obligee: (a) By mandamus, suit, action or proceeding at la…

17-2355. Same; additional remedies conferrable by municipality. A municipality shall have power by its resolution, trust indenture, mortgage, lease or other contract to confer upon any obligee the right (in addition to all rights that may otherwise be conferred), upon the happeni…

17-2356. Exemption of property from execution sale, when. All property (including funds) owned or held by a municipality for the purposes of this act shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against the s…

17-2357. Aid from federal government. In addition to the powers conferred upon a municipality by other provisions of this act, a municipality is empowered to borrow money or accept contributions, grants or other financial assistance from the federal government for or in aid of an…

17-2358. Transfer of possession or title to federal government; contracts. In any contract with the federal government for annual contributions to a municipality, the municipality may obligate itself (which obligation shall be specifically enforceable and shall not constitute a m…

17-2359. Validity of bonds; certificate of auditor of state. The municipality may submit to the state auditor any bonds to be issued hereunder after all proceedings for the issuance of such bonds have been taken. Upon the submission of such proceedings to the state auditor, it sh…

17-2360. Advisory boards. For the purpose of coordinating its activities and undertakings under this act with the needs and undertakings of other local organizations and groups, a city or county may establish an advisory board consisting of the chairman of the housing authority, …

17-2361. Acquisition of property; eminent domain. A municipality shall have right to acquire by the exercise of the power of eminent domain any real property which it may deem necessary for its purposes under this act after the adoption by it of a resolution declaring that the ac…

17-2362. Aid and cooperation in planning, constructing or operating projects. For purpose of aiding and cooperating in the planning, undertaking, construction or operation of housing projects located within the area in which it is authorized to act, any state public body may upon…

17-2363. Reports and recommendations. At least once a year, the municipality or its authority shall file with the clerk a report of its activities for the preceding year, and shall make recommendations with reference to such additional legislation or other action as it deems nece…

17-2364. Invalidity of part. Notwithstanding any other evidence of legislative intent, it is hereby declared to be the controlling legislative intent that if any provision of this act, or the application thereof to any person or circumstance, is held invalid, the remainder of the…

17-2365. Act controlling; administrative actions. The provisions of this act shall be controlling, notwithstanding anything to the contrary contained in any other law of this state, city charter or local ordinance. Any action of a city or the governing body thereof in carrying ou…

17-2401. History: L. 1939, ch. 152, § 1; Repealed, L. 1972, ch. 52, § 153; July 1. CASE ANNOTATIONS 1. History of act discussed in dissenting opinion. Talbott v. Nibert, 167 Kan. 138, 155, 206 P.2d 131. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archiv…

[Repealed or reserved.]

17-2501. History: L. 1939, ch. 152, § 2; Repealed, L. 1972, ch. 52, § 153; July 1. Source or Prior Law: 17-101. CASE ANNOTATIONS 1. Corporation may use contraction of its full legal name; unfair competition by another corporation using similar name. American Fence Co. v. Gestes, …

17-2601. History: L. 1939, ch. 152, § 6; L. 1941, ch. 182, § 1; Repealed, L. 1972, ch. 52, § 153; July 1. CASE ANNOTATIONS 1. Terms "registered office" and "principal office" held not synonymous. Runbeck v. Peterson, 177 Kan. 314, 321, 279 P.2d 233. 2. Company organized under Okl…

[Repealed or reserved.]

17-2701. History: L. 1939, ch. 152, § 7; L. 1949, ch. 192, § 1; L. 1965, ch. 149, § 2; Repealed, L. 1972, ch. 52, § 153; July 1. Source or Prior Law: 17-201, 17-202. CASE ANNOTATIONS 1. Duties of secretary of state under corporation code not strictly ministerial. Kansas Milling C…

17-2704. History: L. 1963, ch. 142, § 1; Repealed, L. 1972, ch. 52, § 153; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents …

17-2705. History: L. 1963, ch. 143, § 1; Repealed, L. 1972, ch. 52, § 153; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents …

17-2706. Professional corporation law; citation. This act may be cited as "the professional corporation law of Kansas." History: L. 1965, ch. 157, § 1; June 30. Law Review and Bar Journal References: "The 1965 Legislature and the Law," Glee S. Smith, 34 J.B.A.K. 185, 186 (1965). …

17-2707. Professional corporation law; definitions. As used in this act, unless the context clearly indicates that a different meaning is intended: (a) "Professional corporation" means a corporation organized under this act. (b) "Professional service" means the type of personal s…

17-2708. General corporation law applicable. Except as otherwise provided, the Kansas general corporation code contained in K.S.A. 17-6001 et seq., and amendments thereto, shall apply to a professional corporation organized pursuant to this chapter. Any provisions of the professi…

17-2709. Incorporators; articles of incorporation; regulating boards to issue certificates, fees; application and recording fee. (a) One or more natural persons, each of whom is licensed to render the same type of professional service within this state, may incorporate a professi…

17-2710. Purposes and powers. A professional corporation may be organized only for the purpose of rendering one type of professional service and service ancillary thereto and shall not engage in any other business, except that a single professional corporation may be organized to…

17-2711. Corporate name. The corporate name of a corporation organized and operating hereunder may be any name not contrary to law or the ethics of the profession involved. Such name may include any name set forth in K.S.A. 17-6002, and amendments thereto, but in all cases the co…

17-2712. Shares, who may hold; transfer, how; securities law not applicable. (a) A professional corporation may issue the shares of its capital stock only to a qualified person. A shareholder may voluntarily transfer their shares in a professional corporation to the corporation o…

17-2713. Directors and officers. No person may be a director or officer, other than secretary, of a professional corporation unless he is a shareholder. If the number of shareholders is less than three the number of directors may likewise be less than three, and the officers may …

17-2714. Valuation and purchase of shares upon death or disqualification of shareholder; procedure; conversion to a general business corporation, when. If the articles of incorporation or bylaws of a corporation subject to this act fail to state a price or method of determining a…

17-2715. Act not to affect professional relationships; liability of employee or shareholder of corporation, extent. The professional corporation law of Kansas shall not affect any law, duty, right or privilege arising out of or applicable to the relationship between a person rend…