Kan. Stat. § 79-4602
Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Each corporation which is a "private foundation" as defined in § 509 of the internal revenue code of 1954 shall distribute, for the purposes specified in its articles of organization, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by § 4942 (a) of the internal revenue code of 1954.
K.S.A. 79-4602