40-12-11

Kan. Admin. Regs. § 40-12-11

Sales to promoters.

Effective May 1, 1987Authorized by K.S.A. 40-103, 40-205; implementing K.S.A. 40-205Kansas Department of Insurance

In the event of a public offering, a security of a domestic insurer shall not be authorized for promoters at less than the net offering price.

(Authorized by K.S.A. 40-103, 40-205; implementing K.S.A. 40-205; effective Jan. 1, 1968; amended May 1, 1980; amended May 1, 1986; amended May 1, 1987.)