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Terms Used In Kansas Statutes 40-2132

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

Kan. Stat. Ann. §§ 40-2132 through 40-2137, and amendments thereto, shall be known and may be cited as the “long-term care partnership program act.”