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Kelly v. Primeline Advisory

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eBook details

  • Title: Kelly v. Primeline Advisory
  • Author : Supreme Court of Kansas
  • Release Date : January 03, 1995
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 66 KB

Description

The opinion of the court was delivered by This is a first impression statute of limitations case arising under K.S.A. 17-1268(a), the civil liabilities section of the Kansas Securities Act (the Act), K.S.A. 17-1252 et seq. The district court concluded that the statutory claims of James and Ellen Kelly were barred by K.S.A. 60-512(2), a three-year statute of limitations. The paramount question is when a fraud-based K.S.A. 17-1268(a) action commences under K.S.A. 60-512(2) รข€” upon discovery of the fraud or at the time of sale of the security.


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