Kansas § 17-2333 - Surplus. Such corporation shall set apart a surplus not less than ten percent (10%) of its net earnings in each and every year until such s
Full text of Kansas Kansas Statutes Annotated § 17-2333 — Surplus. Such corporation shall set apart a surplus not less than ten percent (10%) of its net earnings in each and every year until such s, with citation guidance and answers to common questions.
§ 17-2333. Surplus. Such corporation shall set apart a surplus not less than ten percent (10%) of its net earnings in each and every year until such s
17-2333. Surplus. Such corporation shall set apart a surplus not less than ten percent (10%) of its net earnings in each and every year until such surplus, with any unimpaired surplus paid in, shall amount to one-half (1/2) of the capital stock. The said surplus shall be kept to secure against losses and contingencies, and whenever the same becomes impaired it shall be reimbursed in the manner provided for its accumulation.History: L. 1955, ch. 144, § 6; June 30.
Source: official Kansas text · Last verified 2026-08-27
Frequently Asked Questions About Kansas § 17-2333
What does Kansas Statutes Annotated § 17-2333 cover?
Section 17-2333 ("Surplus. Such corporation shall set apart a surplus not less than ten percent (10%) of its net earnings in each and every year until such s") 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 § 17-2333?
A common citation format is "Kansas Statutes Annotated § 17-2333" (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 § 17-2333 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.