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17-1229.

History: L. 1929, ch. 140, § 7; L. 1933, ch. 148, § 1; L. 1933, ch. 51, § 1 (Special Session); L. 1935, ch. 129, § 6; L. 1937, ch. 175, § 2; L. 1941, ch. 177, § 3; Repealed, L. 1957, ch. 145, § 23; July 1.

Source or Prior Law:

17-1204, 17-1205.

CASE ANNOTATIONS

1. Amendment of 1933 (Regular Session) prevails over K.S.A. 74-601b passed at same session. State, ex rel., v. State Corporation Comm., 138 Kan. 159, 23 P.2d 606.

2. Deposit of securities under paragraph eleven is not a trust fund. Meyers v. State Corporation Comm., 139 Kan. 890, 893, 33 P.2d 308.

3. Information charging sale of suspended securities held insufficient. State v. Fisher, 140 Kan. 544, 546, 38 P.2d 120.

4. Sale of security without permit is not void but voidable. Sauberli v. Sledd, 143 Kan. 350, 354, 55 P.2d 415; Fitch v. United Royalty Co., 143 Kan. 486, 55 P.2d 409.

5. Sale of securities without registration; right to register thereafter determined; conditions. State, ex rel., v. Consumers Co-operative Ass'n, 163 Kan. 324, 362, 363, 364, 183 P.2d 423.

6. Construed with K.S.A. 17-1228; no authority to issue permit containing limitations. Rostocil v. United Oil & Gas Royalty Ass'n, 177 Kan. 15, 20, 21, 274 P.2d 761.

7. 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.

8. Securities deposited with bank commissioner passed to corporation commission. In re Bankers Mortg. Co. of Topeka, Kan., 83 F.2d 50, 54.


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