Kansas Statutes 17-6306. Submission of matter to a shareholder vote without board of directors determination
Current as of: 2023 | Check for updates
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Terms Used In Kansas Statutes 17-6306
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A corporation may agree to submit a matter to a vote of its stockholders whether or not the board of directors determines at any time subsequent to approving such matter that such matter is no longer advisable and recommends that the stockholders reject or vote against the matter.