reglab/housing_qa huggingface dataset:
KS Stat § 17-10a02 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 10a - Federal Home Loan Bank Members; Savings And Loan Associations|17-10a02 Powers of members or borrowers.

17-10a02. Powers of members or borrowers. Building and loan associations, and other institutions eligible under the federal home loan bank act to become members of a federal home loan bank, or to borrow money therefrom, may, when authorized by the bank, act as agents for such bank in the collection of interest, and amortization or installment payments, as the same become due on collateral pledged to said bank.The federal home loan bank may agree with a member or borrower that after making current payments of interest or installments on their indebtedness to such bank, any balance of funds so collected may be used in the transaction of their regular or customary business. Such an arrangement between the federal home loan bank and a member or borrower shall not be construed as in any way affecting or invalidating the lien of the bank upon uncollected balances due on securities pledged as collateral.Any officer, director, trustee, attorney, or agent of a building and loan association, or other borrower, acting as agent for a federal home loan bank in the collection of interest, amortization, or installment payments on collateral deposited with said bank, who shall apply the proceeds of such collections otherwise than as provided in the agreement with the bank, shall be deemed guilty of embezzlement, and subject to the punishment provided by the laws of this state for that offense.History: L. 1933, ch. 143, § 2; January 26.
KS Stat § 17-10a03 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 10a - Federal Home Loan Bank Members; Savings And Loan Associations|17-10a03 Laws applicable upon ceasing to be a member.

17-10a03. Laws applicable upon ceasing to be a member. When a building and loan association or life insurance company, organized and existing under the laws of the state of Kansas, and which has become a member of a federal home loan bank, for any reason ceases to be a member thereof, it shall at once become subject to all the provisions and limitations contained in the laws of the state of Kansas relative to building and loan associations and life insurance companies, except that it may perform such acts as may be necessary to discharge obligations assumed by it while a member of said bank: Provided, however, That such an association may exercise all the powers conferred by this act in relation to the borrowing of money from other corporations or agencies established under the authority of the United States government.History: L. 1933, ch. 143, § 3; January 26.
KS Stat § 17-10a04 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 10a - Federal Home Loan Bank Members; Savings And Loan Associations|17-10a04 Conversion of state building and loan association into federal savings and loan association; conversion of federal savings and loan association into state savings and loan association; procedure.

17-10a04. Conversion of state building and loan association into federal savings and loan association; conversion of federal savings and loan association into state savings and loan association; procedure. Any building and loan association incorporated under the laws of the state of Kansas may be converted into a federal savings and loan association, or any federal savings and loan association may be converted into a state savings and loan association under the laws of the state of Kansas, by complying with the following procedure:(a) At any regular meeting of the shareholders and members of any such association, or at any special meeting of such association duly called for that purpose in accordance with the bylaws of such association, such shareholders by an affirmative vote of not less than fifty-one percent (51%) of the shares outstanding, shall declare by resolution their desire for conversion.(b) A copy of the minutes of such meeting of the shareholders and members verified by the president or vice-president and the secretary of the association shall be filed in the office of the state savings and loan commissioner within ten (10) days after such meeting.(c) In case of conversion from state to federal association, the association shall as soon as possible after the receipt of its federal charter file a copy of the same in the office of the state savings and loan commissioner.(d) In case of conversion from federal to state association, the association shall first be examined by the state savings and loan commissioner and be found to have all the requirements of existing law to entitle it to become a state savings and loan association.History: L. 1935, ch. 134, § 1; L. 1972, ch. 53, § 1; July 1.
KS Stat § 17-10a05 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 10a - Federal Home Loan Bank Members; Savings And Loan Associations|17-10a05 Same; vesting of title to property; past obligations.

17-10a05. Same; vesting of title to property; past obligations. When such conversion becomes effective as hereinbefore provided, all the property of such association, both real and personal, shall immediately by operation of law and without conveyance or transfer of any kind or character, be vested in such converted association: Provided, however, That such converted association shall continue responsible for all of the obligations of the association prior to the conversion.History: L. 1935, ch. 134, § 2; May 15.
KS Stat § 17-10a06 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 10a - Federal Home Loan Bank Members; Savings And Loan Associations|17-10a06 Insurance of shares with federal savings and loan insurance corporation.

17-10a06. Insurance of shares with federal savings and loan insurance corporation. Any building and loan association is hereby empowered and authorized to do all things necessary to obtain, continue, pay for and terminate insurance of its shares with the federal savings and loan insurance corporation as provided by title IV [*] of the national housing act.History: L. 1937, ch. 173, § 1; March 29.* "Title IV" see 48 Stat. 1255 to 1260; 49 Stat. 298, 299; 12 U.S.C.A. §§ 1724 to 1730.
KS Stat § 17-10a07 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 10a - Federal Home Loan Bank Members; Savings And Loan Associations|17-10a07 Same; ratification of prior actions.

17-10a07. Same; ratification of prior actions. Any action heretofore taken by any building and loan association in connection with obtaining insurance of its shares with the federal savings and loan insurance corporation is hereby ratified and confirmed.History: L. 1937, ch. 173, § 2; March 29.
KS Stat § 17-10a08 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 10a - Federal Home Loan Bank Members; Savings And Loan Associations|17-10a08 Rights and privileges granted to federal savings and loan associations.

17-10a08. Rights and privileges granted to federal savings and loan associations. Every federal savings and loan association incorporated under the provisions of section 5 [*] of the home owners' loan act of 1933, doing business in this state and the shares or accounts issued by any such association shall have all the rights, powers, and privileges, and shall be entitled to the same exemptions and immunities as are building and loan associations organized under the laws of this state and the shares of such associations.History: L. 1937, ch. 174, § 1; March 31.* "Section 5," see 48 Stat. 132, 645, 646, 49 Stat. 297; 61 Stat. 786; 62 Stat. 1239; 12 U.S.C.A. § 1464.
KS Stat § 17-1108a (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 11 - Home Building And Owning Corporations; Home Surroundings|17-1108a Home building and owning corporations; powers.

17-1108a. Home building and owning corporations; powers. Any corporation established pursuant to K.S.A. 17-1101 et seq., and amendments thereto, prior to July 1, 1995, shall continue in existence but shall be governed by the provisions of chapter 17 of the Kansas Statutes Annotated relating to the powers, duties and functions of other not-for-profit corporations.History: L. 1995, ch. 115, § 1; July 1.
KS Stat § 17-1286 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1286 Control share acquisitions; control shares, defined.

17-1286. Control share acquisitions; control shares, defined. "Control shares" means shares that, except for this act, would have voting power with respect to shares of an issuing public corporation that, when added to all other shares of the issuing public corporation owned by a person, or in respect to which that person may exercise or direct the exercise of voting power, would entitle that person immediately after acquisition of the shares, directly or indirectly, alone or as part of a group, to exercise or direct the exercise of the voting power of the issuing public corporation, in the election of directors within any of the following ranges of voting power:(a) One-fifth or more but less than 1/3 of all the voting power.(b) One-third or more but less than a majority of all the voting power.(c) A majority or more of all voting power.History: L. 1988, ch. 93, § 1; April 21.
KS Stat § 17-1287 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1287 Same; control share acquisition, defined.

17-1287. Same; control share acquisition, defined. (a) "Control share acquisition" means the acquisition, directly or indirectly, by any person of ownership of, or the power to direct the exercise of voting power with respect to, issued and outstanding control shares.(b) For purposes of this act, all shares acquired within a 120-day period, and all shares acquired pursuant to a plan to make a control share acquisition, are deemed to have been acquired in the same acquisition.(c) The acquisition of any shares of an issuing public corporation does not constitute a control share acquisition if the acquisition is consummated in any of the following circumstances:(1) An acquisition before, or pursuant to an agreement existing before the effective date of this act.(2) Pursuant to a will or other testamentary disposition, the laws of descent and distribution or by inter vivos gift when the gift is made in good faith and not for the purpose of circumventing this act.(3) Pursuant to the satisfaction of a pledge or other security interest created in good faith and not for the purpose of circumventing this act.(4) Pursuant to a merger or consolidation effected in compliance with K.S.A. 17-6701 et seq., and amendments thereto, if the issuing public corporation is a party to the agreement of merger or consolidation.(5) An acquisition from the issuing public corporation.(6) An acquisition for the benefit of others by a person acting in good faith and not for the purpose of circumventing this act to the extent that the person may not exercise or direct the exercise of the voting power or disposition of the shares except upon the instruction of others.(7) An acquisition by or from a person whose shares have been accorded voting rights in compliance with this act, or an acquisition from a person whose previous acquisition would have constituted a control share acquisition but for paragraphs (1) through (6) of this subsection if the acquisition entitles the person making the acquisition, directly or indirectly, alone or as part of a group, to exercise or direct the exercise of voting power of the corporation in the election of directors within a range not in excess of the range of voting power associated with the shares as previously held.History: L. 1988, ch. 93, § 2; April 21.
KS Stat § 17-1288 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1288 Same; interested shares, defined.

17-1288. Same; interested shares, defined. "Interested shares" means the shares of an issuing public corporation with respect to which any of the following persons may exercise or direct the exercise of voting power in the election of directors of the issuing public corporation:(a) A person or member of a group that makes or proposes to make a control share acquisition.(b) Any officer of the issuing public corporation.(c) Any employee of the issuing public corporation who is also a director of the corporation.History: L. 1988, ch. 93, § 3; April 21.
KS Stat § 17-1289 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1289 Same; issuing public corporation, defined.

17-1289. Same; issuing public corporation, defined. (a) An "issuing public corporation" means a corporation organized under the laws of the state of Kansas that has:(1) One hundred or more shareholders;(2) its principal place of business or its principal office in Kansas, or that owns or controls assets within Kansas having a fair market value of more than $1,000,000; and(3) either:(A) More than 10% of its shareholders resident in Kansas;(B) more than 10% of its shares owned of record or beneficially by Kansas residents; or(C) one thousand shareholders resident in Kansas.(b) The residence of a shareholder is presumed to be the address appearing in the records of the corporation.History: L. 1988, ch. 93, § 4; L. 2016, ch. 110, § 10; July 1.
KS Stat § 17-1290 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1290 Same; application of act.

17-1290. Same; application of act. (a) Unless before the control acquisition a corporation's articles of incorporation or bylaws provide that this act does not apply to control share acquisitions of shares of the corporation, control shares of an issuing public corporation acquired in a control share acquisition have only such voting rights as are conferred by K.S.A. 17-1294.(b) Notwithstanding subsection (a), the provisions of this act will not apply to control share acquisitions of an issuing public corporation for a period of six months from the effective date of this act, unless the corporation's articles of incorporation or bylaws provide that this article will apply.History: L. 1988, ch. 93, § 5; April 21.
KS Stat § 17-1291 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1291 Same; acquiring person statement, contents.

17-1291. Same; acquiring person statement, contents. Any person who makes or proposes to make a control share acquisition may at the person's election deliver an acquiring person statement to the issuing public corporation at the issuing public corporation's principal office. The acquiring person statement must set forth all of the following:(a) The identity of the acquiring person and each other member of any group of which the person is a part for purposes of determining control shares.(b) A statement that the acquiring person statement is given pursuant to this act.(c) The number of shares of the issuing public corporation owned, directly or indirectly, by the acquiring person and each other member of the group.(d) The range of voting power under which the control share acquisition falls or would, if consummated, fall.(e) If the control share acquisition has not taken place:(1) A description in reasonable detail of the terms of the proposed control share acquisition; and(2) Representations of the acquiring person, together with a statement in reasonable detail of the facts upon which they are based, that the proposed control share acquisition, if consummated, will not be contrary to law, and that the acquiring person has the financial capacity to make the proposed control share acquisition.History: L. 1988, ch. 93, § 6; April 21.
KS Stat § 17-1292 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1292 Same; special meeting to determine voting rights, when.

17-1292. Same; special meeting to determine voting rights, when. (a) If the acquiring person so requests at the time of delivery of an acquiring person statement and gives an undertaking to pay the corporation's expenses of a special meeting, within 10 days thereafter, the directors of the issuing public corporation shall call a special meeting of shareholders of the issuing public corporation for the purpose of considering the voting rights to be accorded the shares acquired or to be acquired in the control share acquisition.(b) Unless the acquiring person agrees in writing to another date, the special meeting of shareholders shall be held within 50 days after receipt by the issuing public corporation of the request.(c) If no request is made, the voting rights to be accorded the shares acquired in the control share acquisition shall be presented to the next special or annual meeting of shareholders.(d) If the acquiring person so requests in writing at the time of delivery of the acquiring person statement, the special meeting must not be held sooner than 30 days after receipt by the issuing public corporation of the acquiring person statement.History: L. 1988, ch. 93, § 7; April 21.
KS Stat § 17-1293 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1293 Same; notice of special meeting.

17-1293. Same; notice of special meeting. (a) If a special meeting is requested, notice of the special meeting of shareholders shall be given as promptly as reasonably practicable by the issuing public corporation to all shareholders of record as of the record date set for the meeting, whether or not entitled to vote at the meeting.(b) Notice of the special or annual shareholder meeting at which the voting rights are to be considered must include or be accompanied by both of the following:(1) A copy of the acquiring person statement delivered to the issuing public corporation pursuant to this act.(2) A statement by the board of directors of the corporation, authorized by its directors, of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the proposed control share acquisition.History: L. 1988, ch. 93, § 8; April 21.
KS Stat § 17-1294 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1294 Same; voting rights of control shares; resolution.

17-1294. Same; voting rights of control shares; resolution. (a) Control shares acquired in a control share acquisition have the same voting rights as were accorded the shares before the control share acquisition only to the extent granted by resolution approved by the shareholders of the issuing public corporation.(b) To be approved under this section, the resolution must be approved by:(1) The affirmative vote of a majority of all outstanding shares entitled to vote in the election of directors voting by class if required by the terms of the shares; and(2) the affirmative vote of a majority of all outstanding shares entitled to vote in the election of directors voting by class if required by the terms of the shares, excluding all interested shares.History: L. 1988, ch. 93, § 9; April 21.
KS Stat § 17-1295 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1295 Same; redemption of shares, when.

17-1295. Same; 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.
KS Stat § 17-1296 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1296 Same; dissenters' rights, notice.

17-1296. Same; dissenters' rights, notice. (a) Unless otherwise provided in a corporation's articles of incorporation or bylaws before a control share acquisition has occurred or has been proposed, in the event that control shares acquired in a control share acquisition are accorded full voting rights and the acquiring person has acquired control shares with a majority or more of all voting power, each shareholder of the issuing public corporation who objected thereto in writing and whose shares either were not entitled to vote or were not voted in favor of the control share acquisition and who files such written objection with the corporation before the taking of the vote on the control share acquisition shall have dissenters' rights as provided in K.S.A. 17-6712, and amendments thereto.(b) As soon as practicable after these events have occurred, the board of directors shall cause a notice to be sent to all shareholders of the corporation advising them of the facts and that they have dissenters' rights to receive the fair value of their shares pursuant to K.S.A. 17-6712, and amendments thereto.(c) As used in this section, "fair value" means a value not less than the highest price paid per share by the acquiring person in the control share acquisition.History: L. 1988, ch. 93, § 11; April 21.
KS Stat § 17-1297 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1297 Same; control shares, voting rights; affiliate and associate, defined.

17-1297. Same; control shares, voting rights; affiliate and associate, defined. (a) As used in this section "affiliate" means a person that directly or indirectly controls, is controlled by, or is under common control with, a specified person.(b) As used in this section "associate," when used to indicate a relationship with any person, means any of the following:(1) Any corporation or organization of which the person is an officer, director or partner or is, directly or indirectly, the beneficial owner of 10% or more of any class or series of shares entitled to vote or other equity interest.(2) Any trust or estate in which the person has a substantial beneficial interest or as to which the person serves as trustee or personal representative or in a similar fiduciary capacity.(3) Any relative or spouse of the person, or any relative of the spouse, residing in the house of the person.(c) Control shares acquired in a control share acquisition that do not have voting rights accorded them by approval of a resolution of shareholders shall regain their voting rights on transfer to a person other than the acquiring person or affiliate or associate of the acquiring person, unless the acquisition of the shares by the other person constitutes a control share acquisition, in which case the voting rights of the shares acquired by such other person are subject to the provisions of this act.History: L. 1988, ch. 93, § 12; April 21.
KS Stat § 17-1298 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12 - Securities|17-1298 Same; enforcement of act.

17-1298. Same; enforcement of act. An acquiring person, an issuing public corporation and a shareholder of an issuing public corporation may sue at law or in equity to enforce the provisions of this act.History: L. 1988, ch. 93, § 13; April 21.
KS Stat § 17-12a,101 (2021)
2021 Kansas Statutes|Chapter 17 - Corporations|Article 12a - Uniform Securities Act|17-12a,101 Citation of act.

17-12a101. Citation of act. K.S.A. 17-12a101 through 17-12a703, and amendments thereto, may be cited as the Kansas uniform securities act.History: L. 2004, ch. 154, § 1; July 1, 2005.