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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Any two (2) or more persons who own or intend to own, jointly or as tenants in common, any property that is used or is to be used, in whole or in part, for the generation, transmission or distribution of electricity, or for the production, gathering, storage, processing, transmission or distribution of manufactured or natural gas, may enter into an agreement waiving their respective rights with respect to the partition of such property, or otherwise restricting the alienation thereof, for a period of time ending not later than the abandonment of such use. Without limiting the general application of the foregoing, the rule of law commonly known as the rule against perpetuities and the rule of law commonly known as the rule prohibiting unreasonable restraints on alienation of property shall not be applied to invalidate, render unenforceable or otherwise affect any such agreement.
(b) The provisions of this act shall apply to any such agreement entered into either prior or subsequent to the effective date of this act.
Cite this article: FindLaw.com - Kansas Statutes Chapter 16. Contracts and Promises § 16-116. Agreements by electric or gas public utilities waiving partition rights or restricting alienation of certain properties authorized; application of act - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-16-contracts-and-promises/ks-st-sect-16-116/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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