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Limited Offering
This exemption allows an issuer to sell securities in a single issue to no more than 25 purchasers in Kansas during any 12 consecutive months provided there is no general solicitation, no commissions are paid to persons not registered in Kansas, and the purchase is being made for investment and not for resale. This exemption may be combined with the Institutional Investors exemption provided under K.S.A. 17-12a202(13).

  • Citation: K.S.A. 17-12a202(14)
  • Filing Requirement: Exemption is self executing, no filing is required
  • Fee Requirement: None