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Kansas – Legislation Amends General Corporation Code

House Bill 2112 signed by the governor May 17 and effective July 1 amended and recodified the General Corporation Code and the Business Entity Standard Treatment (BEST) Act. New provisions to the Code include allowing bylaws to require internal claims to be brought in Kansas courts and prohibiting bylaws from barring such claims in Kansas courts; notices to persons with claims against dissolved corporations; and ratification of defective corporate acts. Applications for registration of a foreign covered entity no longer will require the name and address of each governor.