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Can I ensure that my company is compliant with expanding privacy protections in Kansas? What are the requirements?
To ensure compliance with expanding privacy protections in Kansas, you should review the relevant laws and regulations. The Kansas general corporation code, articles 60 through 74 of chapter 17 of the Kansas Statutes Annotated, and amendments thereto, apply to all corporations, including public benefit corporations [1.2][2.1]. Public benefit corporations are subject to additional or different requirements under K.S.A. 2022 Supp. 17-72a01 through 17-72a09, and amendments thereto [1.2].
Regarding business entity information reports, every business trust shall make a written business entity information report to the secretary of state, stating the prescribed information concerning the business trust at the close of business on the last day of its tax period under the Kansas income tax act next preceding the date of filing [4.2]. The report shall be filed biennially, as determined by the year that the business trust filed its formation documents [4.2]. The report shall be made on forms provided by the secretary of state and shall be filed after the close of the business trust’s tax period but not later than at the time prescribed by law for filing the business trust’s annual Kansas income tax return [4.2].
If a business trust fails to file its business entity information report and pay the required fee within 90 days from the date on which such report and fee are due, it shall work a forfeiture of such business trust’s authority to transact business in this state [4.2].
For more information on privacy protections in Kansas, you may want to consult with a legal professional.
Source(s):
- [1.2] Law applicable to public benefit corporations; how formed.
- [2.1] Citation of act.
- [4.2] Same; business entity information reports; contents; report fee; penalties for noncompliance; applications for extension for filing income tax returns, confidentiality.
Jurisdiction
Kansas