Kan. Admin. Regs. § 17-9-6

Current through Register Vol. 44, No. 2, January 9, 2025

Section 17-9-6 - Investment securities; acquisition through debt previously contracted

The restrictions and limitations contained in article 9 of these regulations shall not apply to investment securities acquired:

(a) through foreclosure on collateral;

(b) in good faith by way of compromise of a doubtful claim; or

(c) to avoid loss in connection with a debt previously contracted.

Kan. Admin. Regs. § 17-9-6

Authorized by K.S.A. 9-1713; implementing K.S.A. 1995 Supp. 9-1101; effective Aug. 9, 1996.