17-5529. Same; failure to file; penalty. - Kansas Statutes

17-5529

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

      17-5529.   Same; failure to file; penalty. Failure to file any such instrument either with the commissioner or the secretary of state shall not affect the validity of such conversion, but such failure shall subject the association to a penalty of fifty dollars for each day's failure after the time limit specified in this act.

      History:   L. 1943, ch. 133, § 107; July 1.