{"data":{"id":"us-ky/krs-292.327","jurisdiction":"us-ky","citation":"KRS 292.327","heading":"Filing of documents with respect to covered securities -- Fees.","body":"(1) The commissioner may require the filing of any of the following documents with\nrespect to a covered security under Section 18(b)(2) of the Securities Act of 1933:\n(a) Prior to the initial offer of such covered security in this state, all documents\nthat are part of a current federal registration statement filed with the United\nStates Securities and Exchange Commission under the Securities Act of 1933\nor a notice form adopted by the commissioner in lieu thereof, together with a\nconsent to service of process signed by the issuer and with payment of a filing\nfee as follows:\n1. Five hundred dollars ($500) for an investment company, other than a\nunit investment trust, that is registered or that has filed a registration\nstatement, under the Investment Company Act of 1940; or\n2. Three hundred dollars ($300) for a unit investment trust that is registered\nor that has filed a registration statement under the Investment Company\nAct of 1940; and\n(b) After the initial offer of such covered security in this state, all docum ents that\nare part of an amendment to a current federal registration statement filed with\nthe United States Securities and Exchange Commission under the Securities\nAct of 1933, or a notice form adopted by the commissioner in lieu thereof,\nwhich shall be filed concurrently with the commissioner;\n(c) Except for a notice filing by a unit investment trust, which shall be effective\nindefinitely, all notice filings for such covered securities are effective for a\nperiod of one (1) year upon receipt by the commissi oner of a properly\ncompleted filing, including the correct fee, unless another date is requested by\nthe issuer. An annual filing shall be required of an open -end investment\ncompany that continuously offers or sells its securities in this state, which\nfiling shall consist of the documents specified in paragraph (a) of this\nsubsection, exclusive of the consent to service of process, and a filing fee in\nthe amount of five hundred dollars ($500). The annual renewal filing shall be\neffective upon the expiration of the prior filing period if it is properly\ncompleted, including the correct fee, and is received by the commissioner on\nor before the expiration date;\n(d) Amendments to a notice filing are effective upon receipt by the commissioner.\nTermination of a notice filing is effective upon receipt by the commissioner of\nnotice of the termination; and\n(e) Notwithstanding the provisions of paragraphs (a) to (d) of this subsection, for\nthe period ended October 10, 1999, the commissioner may require the\nregistration of a covered security issued by any issuer for which a fee has not\nbeen properly paid and the improper payment has not been remedied within\nten (10) business days following receipt of written notification from the\ncommissioner to the issuer of the nonpaymen t or underpayment of the fee, as\nrequired by this chapter.\n(2) The commissioner shall require the filing of, with respect to any security that is a\ncovered security under Section 18(b)(4)(D) of the Securities Act of 1933, a notice\non SEC Form D, a two hund red fifty dollar ($250) filing fee, and a consent to\nservice of process signed by the issuer no later than fifteen (15) days after the first\nsale of such covered security in this state.\n(3) The commissioner may require the filing of any document filed with  the United\nStates Securities and Exchange Commission under the Securities Act of 1933 with\nrespect to a covered security under Section 18(b)(3) or (4) of the Securities Act of\n1933, together with a filing fee in the amount of two hundred fifty dollars ($250).\n(4) The commissioner may issue a stop order suspending the offer and sale of a covered\nsecurity, except a covered security under Section 18(b)(1) of the Securities Act of\n1933, upon finding that:\n(a) The order is necessary or appropriate in the public  interest or for the\nprotection of investors; and\n(b) There is a failure to comply with any condition established under this section.\n(5) The commissioner may waive any or all of the provisions of this section upon\nfinding that they are not necessary or appropriate in the public interest or for the\nprotection of investors.","path":["KRS Chapter 292"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=15539","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:23Z","sha256":"a82089f40f6c8cd6dc3863b588b9784028d228548920def040f8645ba05c4587","source_id":"us-ky","stale":false,"prev":"us-ky/krs-292.325","next":"us-ky/krs-292.330"},"notice":"GroundRules: Original legal text. Not legal advice."}