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Home » US Law » 2021 Kansas Statutes » Chapter 17 - Corporations » Article 61 - Corporate Powers

17-6101 General powers; applicability of code.

17-6101. General powers; applicability of code. (a) In addition to the powers enumerated in K.S.A. 17-6102, and amendments thereto, every corporation, its officers, directors, and stockholders shall possess and may exercise all the powers and privileges granted by this code or by any other law or by its articles of incorporation, together with any powers […]

17-6102 Specific powers enumerated.

17-6102. Specific powers enumerated. Every corporation created under this code shall have power to: (a) Have perpetual succession by its corporate name, unless a limited period of duration is stated in its articles of incorporation; (b) sue and be sued in all courts and participate, as a party or otherwise, in any judicial, administrative, arbitrative […]

17-6103 Powers respecting securities of other corporations or entities.

17-6103. Powers respecting securities of other corporations or entities. Any corporation organized under the laws of this state may guarantee, purchase, take, receive, subscribe for or otherwise acquire; own, hold, use or otherwise employ; sell, lease, exchange, transfer or otherwise dispose of; mortgage, lend, pledge or otherwise deal in and with, bonds and other obligations […]

17-6104 Lack of corporate capacity or power, effect; assertion, when.

17-6104. Lack of corporate capacity or power, effect; assertion, when. No act of a corporation and no conveyance or transfer of real or personal property to or by a corporation shall be invalid by reason of the fact that the corporation was without capacity or power to do such act or to make or receive […]

17-6106 Banking power denied.

17-6106. Banking power denied. (a) No corporation organized under this code shall possess the power of issuing bills, notes or other evidences of debt for circulation as money, or the power of carrying on the business of receiving deposits of money. (b) Corporations organized under this code to buy, sell and otherwise deal in notes, […]