Kansas Administrative Regulations
Agency 110 - KANSAS DEPARTMENT OF COMMERCE
Article 40 - KANSAS EXPORT FINANCE ACT
Section 110-40-2 - Availability and form of financial assistance from the Kansas department of commerce
Universal Citation: KS Admin Regs 110-40-2
Current through Register Vol. 43, No. 39, September 26, 2024
(a) Financial assistance shall be available from the department to support the pre-export credit needs or post-export credit needs or both of exporters with respect to Kansas export transactions where:
(1) credit or loans may otherwise not be made
available;
(2) there are
reasonable risks; and
(3) there is
sufficient likelihood of repayment.
(b) Financial assistance may be in the form of insurance, co-insurance, reinsurance, or guarantee of a loan or the credit extended to exporters by Kansas financial institutions.
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