Kansas Statutes 17-4603. Definitions
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Terms Used In Kansas Statutes 17-4603
- 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.
- 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.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
In this act: (a) “Co-operative” means any corporation organized under this act or which becomes subject to this act in the manner hereinafter provided; and (b) “person” means any natural person, firm, association, corporation business trust, partnership, federal agency, state or political subdivision or agency thereof, or any body politic.