Report required upon occurrence of certain administrative or legal proceedings

9-576. Report required upon occurrence of certain administrative or legal proceedings. (a) A licensee shall file a report with the commissioner within one business day after the licensee has reason to know of the: (1) Filing of a bankruptcy or reorganization petition by or against the licensee; (2) filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for the licensee's dissolution or reorganization or the making of a general assignment for the benefit of the licensee's creditors; or (3) commencement of a proceeding to revoke or suspend the licensee's license in a state or country where the licensee engages in business or is licensed. (b) A licensee shall file a report with the commissioner within three business days after the licensee has reason to know of a felony conviction of: (1) The licensee or a key individual or person in control of the licensee; or (2) an authorized delegate. (c) This section shall take effect on and after January 1, 2025. History: L. 2024, ch. 64, § 22; July 1. 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