Kansas Statutes § 9-1719 Change of control; definitions.

9-1719. Change of control; definitions. As used in K.S.A. 9-1719 to 9-1722, inclusive, and amendments thereto: (a) "Applicant" means a person who has submitted a change of control application pursuant to K.S.A. 9-1721, and amendments thereto. (b) "Control" means the power to: (1) Vote 25% or more of any class of voting shares; (2) direct, in any manner, the election of a majority of the directors; or (3) direct or exercise a controlling influence over the management or policies. (c) "Person" means an individual or a corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or any other form of entity not specifically listed in this subsection. History: L. 1984, ch. 47, § 1; L. 1987, ch. 54, § 9; L. 2015, ch. 38, § 109; L. 2024, ch. 15, § 14; July 1.