# KRS § 292.331: 292.331 Application for registration -- Contents -- Conditions -- Requirements > Kentucky · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.331 ## Section - **Citation:** KRS § 292.331 - **Heading:** 292.331 Application for registration -- Contents -- Conditions -- Requirements - **Jurisdiction:** Kentucky - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** KY Code / Title XXV / Chapter 292 / Section 292.331 ## Text 292.331 Application for registration -- Contents -- Conditions -- Requirements. (1) A person shall apply for registration as a broker-dealer, agent, investment adviser, or investment adviser representative by filing an application containing the information required in a form designated by administrative regulation or order under this chapter, by filing a consent to service of process pursuant to KRS 292.430, by filing any other information requested by the commissioner necessary to complete the application, and by paying the fee prescribed by this chapter. (2) If no denial order is in effect and no administrative proceeding is pending under this chapter, then registration becomes effective at 12 noon of the thirtieth day after a completed application is filed unless the commissioner specifies by order an earlier or later effective date. A registration shall be effective until December 31 of the year of registration, except that a registration as an agent of an issuer shall be effective for the shorter of the term of the offering or a period of twelve (12) months. (3) An administrative regulation or order under this chapter may require as a condition of registration that the applicant and, in the case of a corporation or other legal entity, the officers or directors or persons occupying similar status or performing similar functions, pass a written examination as evidence of knowledge of the securities business. (4) Subject to the limitations of Section 15 of the Securities Exchange Act of 1934, 15 U.S.C sec. 78o, and Section 222 of the Investment Advisers Act of 1940, 15 U.S.C. sec. 80b-18a, an administrative regulation or order under this chapter may establish minimum financial requirements for broker-dealers and investment advisers registered or required to be registered under this chapter. (5) Registration of a broker-dealer, agent, investment adviser, or investment adviser representative may be renewed by filing an application containing any information required by administrative regulation or order under this chapter and paying the fee prescribed in this chapter and, in the case of a broker-dealer or investment adviser, filing any financial statement required by administrative regulation or order under this chapter. (6) An administrative regulation or order under this chapter may impose other conditions on registration or waive, in whole or part, specific requirements in connection with registration if appropriate in the public interest and consistent with the protection of investors. ## Nearby sections - [KRS § 292.310 292.310 Definitions for chapter](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.310.md) - [KRS § 292.313 292.313 Applicability of specified provisions to sales transactions](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.313.md) - [KRS § 292.320 292.320 Fraudulent and other prohibited practices](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.320.md) - [KRS § 292.322 292.322 Securities fraud prosecution and prevention fund](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.322.md) - [KRS § 292.325 292.325 Filing of prospectus, pamphlet, or other advertising communication by order of commissioner](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.325.md) - [KRS § 292.327 292.327 Filing of documents with respect to covered securities -- Fees](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.327.md) - [KRS § 292.330 292.330 Registration of broker-dealers, agents, investment advisers, and investment adviser representatives](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.330.md) - [KRS § 292.331 292.331 Application for registration -- Contents -- Conditions -- Requirements](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.331.md) - [KRS § 292.332 292.332 Notice filing by covered adviser -- Contents -- Exemptions -- Renewal](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.332.md) - [KRS § 292.333 292.333 Successor broker-dealers and investment advisers -- New application for or amendment to registration or notice filing -- Name change by registrant](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.333.md) - [KRS § 292.334 292.334 Notice of termination of employment or association -- Termination of registration or application by commissioner -- Temporary registration -- Withdrawal of registration or notice filing](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.334.md) - [KRS § 292.335 292.335 Fees for initial or renewal registration or notice filing](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.335.md) - [KRS § 292.336 292.336 Recordkeeping and reporting requirements -- Examination by commissioner -- Administrative regulations -- Central depository system for documents -- Investment advisers -- Required policies and procedures](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.336.md) - [KRS § 292.337 292.337 Grounds for denial, suspension, limitation, or revocation of registration and for disciplinary action -- Summary order -- Emergency hearing -- Order in accordance with KRS Chapter 13B](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.337.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.331. Check the current official text before relying on it. Not legal advice.