17-7102. Action by officer, director or stockholder against corporation for corporate debt paid. - Kansas Statutes

17-7102

Chapter 17.--CORPORATIONS Article 71.--ACTIONS AGAINST CORPORATIONS, DIRECTORS, OFFICERS OR STOCKHOLDERS

      17-7102.   Action by officer, director or stockholder against corporation for corporate debt paid. When any officer, director or stockholder shall pay any debt of a corporation for which he is made liable by the provisions of this act, he may recover the amount so paid in an action against the corporation for money paid for its use. In any such action, only the property of the corporation shall be liable to be taken, and not the property of any stockholder.

      History:   L. 1972, ch. 52, § 121; July 1.