17-1261. History: L. 1957, ch. 145, § 10; L. 1959, ch. 115, § 1; L. 1967, ch. 121, § 2; L. 1968, ch. 386, § 2; L. 1969, ch. 120, § 1; L. 1970, ch. 83, § 1; L. 1972, ch. 57, § 4; L. 1975, ch. 130, § 1; L. 1979, ch. 61, § 4; L. 1981, ch. 98, § 2; L. 1981, ch. 90, § 16; L. 1982, ch. 98, § 8; L. 1982, ch. 97, § 1; L. 1982, ch. 99, § 1; L. 1990, ch. 81, § 1; L. 1994, ch. 42, § 2; L. 1996, ch. 69, § 4; L. 1997, ch. 62, § 13; L. 1998, ch. 59, § 2; L. 2000, ch. 52, § 2; L. 2002, ch. 17, § 5; Repealed, L. 2004, ch. 154, § 65; July 1, 2005. CASE ANNOTATIONS 1. Exemption for "commercial paper" in subsection (i) construed. State v. Hodge, 204 Kan. 98, 105, 109, 460 P.2d 596. 2. Cited; directors' strict liability to purchasers of unregistered securities sold in violation of K.S.A. 17-1268 noted; must prove absence of knowledge. Taylor v. Perdition Minerals Group, Ltd., 244 Kan. 126, 129, 766 P.2d 805 (1988). 3. Kansas securities act commercial paper exemption not unconstitutionally vague. State v. Atteberry, 44 Kan. App. 2d 478, 239 P.3d 857 (2010). 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