Kansas Administrative Regulations
Agency 40 - INSURANCE DEPARTMENT
Article 12 - SALE OF STOCK
Section 40-12-15 - Pro rata exercising of options
Universal Citation: KS Admin Regs 40-12-15
Current through Register Vol. 43, No. 39, September 26, 2024
A stock plan or option shall provide that the optionee shall exercise a pro rata portion of the options each year or the relevant portion shall automatically expire.
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