17-4632. Securities act exemption.
17-4632
17-4632. Securities act exemption.
The provisions of the Kansas uniform securities act shall not apply to
any note,
bond or other evidence of indebtedness issued by any cooperative doing
business in this state pursuant to this act to the United States of
America or
any agency or instrumentality thereof, or to any mortgage, deed of trust or
other instrument executed to secure the same. The provisions of
such
securities act shall not apply to the issuance of membership certificates
by any cooperative.
History: L. 1941, ch. 185, § 31;
L. 2004, ch. 154, § 57; July 1, 2005.