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17-6416. Formalities required of stock subscriptions. A subscription for stock of a corporation, whether made before or after the formation of a corporation, shall not be enforceable against a subscriber, unless in writing and signed by the subscriber or by such subscriber's agent.

History: L. 1972, ch. 52, § 43; L. 2016, ch. 110, § 42; July 1.

Source or Prior Law:

8 Del. C. § 166.

Cross References to Related Sections:

Powers of incorporators, see 17-6007.

Consideration for stock, see 17-6402.

Subscription for additional shares of stock, see 17-6411.

Period of irrevocability of preincorporation subscriptions, see 17-6415.

Law Review and Bar Journal References:

"The Kansas Corporation Code of 1972," William E. Treadway, 40 J.B.A.K. 301, 342 (1971).


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