17-6101. General powers; applicability of code.

17-6101

Chapter 17.--CORPORATIONS
Article 61.--CORPORATE POWERS

      17-6101.   General powers; applicability of code. (a) In addition to the powers enumerated in K.S.A. 17-6102, every corporation, its officers, directors, and stockholders shall possess and may exercise all the powers and privileges granted by this act or by any other law or by its articles of incorporation, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business or purposes set forth in its articles of incorporation.

      (b)   Every corporation shall be governed by the provisions and be subject to the restrictions and liabilities contained in this act.

      History:   L. 1972, ch. 52, § 11; July 1.