58-3313. Revocation; hearings.
58-3313
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.