Section 9-1719 - Change of control; definitionsAs 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.Amended by L. 2024, ch. 15,§ 14, eff. 7/1/2024.Amended by L. 2015, ch. 38,§ 109, eff. 7/1/2015.L. 1984, ch. 47, § 1; L. 1987, ch. 54, § 9; May 7.