- Issuing public corporation, defined.

17-1289. 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.