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17-7662. Citation of act. K.S.A. 17-7662 through 17-76,142, and amendments thereto, and K.S.A. 17-76,143 through 17-76,146, 17-7676a, 17-7685a, 17-76,143a and 17-76,147 through 17-76,155, and amendments thereto, shall be known and may be cited as the Kansas revised limited liability company act.

History: L. 1999, ch. 119, § 1; L. 2014, ch. 40, § 1; L. 2019, ch. 47, § 13; July 1.

Source or Prior Law:

17-7601.

Law Review and Bar Journal References:

"The Kansas Revised Limited Liability Company Act," Edwin W. Hecker, Jr., 69 J.K.B.A. No. 10, 16 (2000).

Attorney General's Opinions:

Limited liability company is not precluded from holding a club or drinking establishment license. 2001-19.

CASE ANNOTATIONS

1. Act is procedural in nature and is to be applied retroactively to pending cases. Halley v. Barnabe, 271 Kan. 652, 24 P.3d 140 (2001).

2. Expense of liquidating company is expense of company, including members who withdrew from company. Investcorp, L.P. v. Simpson Investment Co., L.C., 277 Kan. 445, 85 P.3d 1140 (2004).

3. Cited; Kansas revised limited liability act does not foreclose liability by member who commits a tort. University of Kansas v. Sinks, 565 F. Supp. 2d 1216, 1239 (2008).


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