The bill amends various sections of Kansas law concerning business entities, specifically focusing on the procedures for business trusts, foreign corporations, and limited partnerships. It requires business trusts to file a certificate of dissolution or withdrawal with the Secretary of State when surrendering their authority to transact business in Kansas, along with associated fees. Additionally, foreign corporations must use a form prescribed by the Secretary of State when filing merger or consolidation information or amendments to their articles of incorporation. The bill also allows professional corporations and limited liability companies organized to render professional services to participate in transactions under the business entity transactions act, and it modifies filing requirements and fees for limited partnerships.

Key changes include the removal of certain language regarding the filing process for business trusts and foreign corporations, such as the deletion of the requirement for a certified copy of a resolution and the withdrawal fee. The bill also makes certain information provided by registered agents a public record and repeals existing sections that are being amended. Overall, the bill aims to streamline the processes for business entities operating in Kansas while ensuring compliance with updated filing requirements.

Statutes affected:
As introduced: 17-2037, 17-7302, 17-78, 17-7929, 56-1a151, 56-1a605, 17-7908, 17-2707
Enrolled: 17-2037, 17-7302, 17-78, 17-7929, 56-1a151, 56-1a605, 17-7908, 17-7910, 17-2707