17-1230. History: L. 1929, ch. 140, § 8; L. 1931, ch. 143, § 1; L. 1933, ch. 52, § 1 (Special Session); L. 1934, ch. 2, § 1; L. 1935, ch. 129, § 7; L. 1937, ch. 176, § 1; Repealed, L. 1957, ch. 145, § 23; July 1. CASE ANNOTATIONS 1. Section cited where approval of securities withdrawn. Cities Service Co. v. Koeneke, 137 Kan. 7, 12, 17, 20 P.2d 460. 2. Evidence held sufficient to sustain conviction of selling securities without license. State v. Harper, 137 Kan. 695, 697, 22 P.2d 454. 3. Cited in sustaining demurrer in action for fraud in bond sale. Gorsage v. Steinmann-McCord & Co., 138 Kan. 400, 401, 26 P.2d 455. 4. Petition sufficiently alleged action against broker for amount paid for undelivered securities. Deruy v. Hurt, 158 Kan. 229, 146 P.2d 363. 5. Broker's bond fixing limitation different than statute; statute controls. Ellsworth v. Hurt, 158 Kan. 232, 233, 146 P.2d 365. 6. Company organized as express trust under Oklahoma law held operating as foreign corporation; subject to this act and corporation code. State, ex rel., v. United Royalty Co., 188 Kan. 443, 445, 447, 455, 456, 459, 460, 461, 363 P.2d 397. 7. Seller held "broker" without license and sale voidable under K.S.A. 17-1240. Setchell v. Moore, 89 F.2d 236, 238, 239. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026