17-6007. Powers of incorporators. - Kansas Statutes

17-6007

Chapter 17.--CORPORATIONS Article 60.--FORMATION OF CORPORATIONS

      17-6007.   Powers of incorporators. If the persons who are to serve as directors until the first annual meeting of stockholders have not been named in the articles of incorporation, the incorporator or incorporators, until the directors are elected, shall manage the affairs of the corporation and may do whatever is necessary and proper to obtain the necessary subscriptions for stock and to perfect the organization of the corporation, including the adoption of the original bylaws of the corporation and the election of directors.

      History:   L. 1972, ch. 52, § 7; July 1.