Kan. Stat. § 17-1290

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 17-1290 - Application of act
(a) Unless before the control acquisition a corporation's articles of incorporation or bylaws provide that this act does not apply to control share acquisitions of shares of the corporation, control shares of an issuing public corporation acquired in a control share acquisition have only such voting rights as are conferred by K.S.A. 17-1294.
(b) Notwithstanding subsection (a), the provisions of this act will not apply to control share acquisitions of an issuing public corporation for a period of six months from the effective date of this act, unless the corporation's articles of incorporation or bylaws provide that this article will apply.

K.S.A. 17-1290

L. 1988, ch. 93, § 5; April 21.