K.S.A. » Chapter 17
Kansas Statutes Annotated

K.S.A. § 17-12a507 (2026)

Qualified immunity

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17-12a507. Qualified immunity. A broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative is not liable to another broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative for defamation relating to a statement that is contained in a record required by the administrator, or designee of the administrator, the securities and exchange commission, or a self-regulatory organization, unless the person knew, or should have known at the time that the statement was made, that it was false in a material respect or the person acted in reckless disregard of the statement's truth or falsity.

History: L. 2004, ch. 154, § 36; July 1, 2005.

CASE ANNOTATIONS

1. In employment termination dispute, statements by employer indicating reasons for employee's termination not entitled to absolute immunity. Moreland v. Perkins, Smart & Boyd, 44 Kan. App. 2d 628, 240 P.3d 601 (2010).

Notes of Decisions
Cited in 1 case, 2010–2010 · leading case: Moreland v. Perkins, Smart & Boyd, 240 P.3d 601 (Kan. Ct. App. 2010).
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Moreland v. Perkins, Smart & Boyd, 240 P.3d 601 (Kan. Ct. App. 2010). · cites it 10× “K.S.A. 17-12a507 reads: "A broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative is not liable to another broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser…”
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