Attorney General Opinion No. 1989-044
| Author | : Robert T. Stephan |
| Publisher | : |
| Total Pages | : |
| Release | : 1989 |
| ISBN-10 | : OCLC:818659411 |
| ISBN-13 | : |
| Rating | : 4/5 (11 Downloads) |
Book Synopsis Attorney General Opinion No. 1989-044 by : Robert T. Stephan
Download or read book Attorney General Opinion No. 1989-044 written by Robert T. Stephan and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Not-for-profit corporations which are private foundations are subject to the provisions of K.S.A. 17-6304 and the duty of loyalty/fairness when making loans or charitable contributions. Transactions between a not-for-profit corporation and one or more of its directors are allowed if the directors' interests are disclosed and the directors do not unfairly benefit to the detriment of the corporation. Cited herein: K.S.A. 17-6001; 17-6102; 17-6304; 79-4601.
