Terms Used In Kansas Statutes 17-7105

• 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.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Statute: A law passed by a legislature.
• Usury: Charging an illegally high interest rate on a loan. ^{Source: OCC}