Kansas Statutes 46-1112. Definitions
Current as of: 2023 | Check for updates
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Terms Used In Kansas Statutes 46-1112
- 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.
- Firm: means any individual, firm, partnership, corporation, association or other legal entity permitted by law to engage in practice as a certified public accountant. See Kansas Statutes 46-1112
- 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
As used in the legislative post audit act, unless the context otherwise requires:
(a) “Person” means an individual, proprietorship, partnership, limited partnership, association, trust, estate, business trust, group, or corporation, whether or not operated for profit, or a governmental agency, unit, or subdivision.
(b) “State agency” means any state office, officer, department, board, commission, institution, bureau, agency, or authority or any division or unit thereof.
(c) “Firm” means any individual, firm, partnership, corporation, association or other legal entity permitted by law to engage in practice as a certified public accountant.