Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:12-1756c
Chapter Title:CITIES AND MUNICIPALITIES
Article Title:BUILDINGS, STRUCTURES AND GROUNDS
Tax Type:Corporate Income Tax
Brief Description:Same; procedure to obtain possession by owner; hearing.
Keywords:


Body:

12-1756c. Same; procedure to obtain possession by owner; hearing. The owner of property of which temporary possession has been transferred to an organization pursuant to K.S.A. 12-1756a, and amendments thereto, shall be entitled to regain possession of the property by petitioning to the district court of the county in which such property is located for restoration of possession and, upon notice to the organization for a hearing on such petition. At the hearing, the court shall determine proper compensation to the organization for its expenditures, including management fees, based on the organization's reports to the court. The court, in determining the proper compensation to the organization, may consider income or receipts received from the property by the organization. After the owner pays the compensation to the organization as determined by the court, the owner shall resume possession of the property, subject to all existing rental agreements whether written or verbal, entered into by the organization.
History: L. 1994, ch. 242, 7;L. 1996, ch. 231, 3; July 1.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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