Kansas § 17-1295 - Redemption of shares, when
Full text of Kansas Kansas Statutes Annotated § 17-1295 — Redemption of shares, when, with citation guidance and answers to common questions.
§ 17-1295. Redemption of shares, when
17-1295. Redemption of shares, when. (a) Unless otherwise provided in the articles of incorporation or bylaws of an issuing public corporation before a control share acquisition has occurred or has been proposed, the issuing public corporation may call for redemption of not less than all shares acquired in a control share acquisition at a redemption price equal to the market value of the shares at the time the call for redemption is given, in the event:(1) An acquiring person statement has not been delivered to the issuing public corporation by the acquiring person by the tenth day after the control share acquisition; or(2) an acquiring person statement has been filed but the shareholders have voted not to accord voting rights to the control shares.(b) The call for redemption shall be given within 30 days after the event giving the issuing public corporation the option to call for redemption and the shares shall be redeemed within 60 days after the call is given.History: L. 1988, ch. 93, § 10; April 21.
Source: official Kansas text · Last verified 2026-08-27
Frequently Asked Questions About Kansas § 17-1295
What does Kansas Statutes Annotated § 17-1295 cover?
Section 17-1295 ("Redemption of shares, when") is part of the Kansas Statutes Annotated, the codified statutory law of Kansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Kansas § 17-1295?
A common citation format is "Kansas Statutes Annotated § 17-1295" (Kansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Kansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Kansas official source linked on this page or consult a licensed Kansas attorney.
How does Kansas § 17-1295 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Kansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Kansas.