58-3313. Revocation; hearings. - Kansas Statutes

58-3313

Chapter 58.--PERSONAL AND REAL PROPERTY Part 6.--MISCELLANEOUS PROVISIONS Article 33.--UNIFORM LAND SALES PRACTICES ACT

      58-3313.   Revocation; hearings.(a) A registration may be revoked after notice and hearingin accordance with the provisions of theKansas administrative procedure act upon awritten finding of fact that the subdivider has:

      (1)   Failed to comply with the terms of a cease and desist order;

      (2)   been convicted in any court subsequent to the filing of theapplication for registration for a crime involving fraud, deception, falsepretenses, misrepresentation, false advertising, or dishonest dealing inreal estate transactions;

      (3)   disposed of, concealed, or diverted any funds or assets of anyperson so as to defeat the rights of subdivision purchasers;

      (4)   failed faithfully to perform any stipulation or agreement made withthe commissioner as an inducement to grant any registration, to reinstate anyregistration, or to approve any promotional plan or public offeringstatement; or

      (5)   made intentional misrepresentations or concealed material facts inan application for registration.

      (b)   If the commissioner finds after notice and hearingthat thesubdivider has been guilty of a violation for which revocation could beordered, the commissioner may issue a cease and desist order instead.

      History:   L. 1967, ch. 311, § 13; L. 1976, ch. 241, § 12;L. 1988, ch. 356, § 178; July 1, 1989.