17-7203. Formation of close corporation. A close corporation shall be formed in accordance with K.S.A. 17-6001 and 17-6002 and K.S.A. 17-7908 through 17-7910, and amendments thereto, except that:

(a) Its articles of incorporation shall contain a heading stating the name of the corporation and that it is a close corporation; and

(b) its articles of incorporation shall contain the provisions required by K.S.A. 17-7202, and amendments thereto.

History: L. 1972, ch. 52, § 127; L. 2016, ch. 110, § 107; July 1.