17-1511. Amount of stock owned by one person; voting. - Kansas Statutes

17-1511

Chapter 17.--CORPORATIONS Article 15.--COOPERATIVE SOCIETIES

      17-1511.   Amount of stock owned by one person; voting. No person shall be allowed to own or have any interest in more than ten percent of the capital stock of such corporation. Each member shall be entitled to one and only one vote for each director to be elected.

      History:   L. 1913, ch. 137, § 7; R.S. 1923, 17-1511.