Kansas Affiliate Letter in Rule 145 Transaction is a legal document that is often required when executing a corporate transaction under Rule 145 of the Securities Act of 1933. This rule governs business combinations, primarily mergers, consolidations, and asset acquisitions involving publicly traded companies. The Kansas Affiliate Letter is specifically relevant when one or more affiliates of the acquiring company are resident in the state of Kansas. Affiliates, as defined by the Securities and Exchange Commission (SEC), are individuals or entities that have certain relationships with the acquiring company, such as being a director, officer, or significant shareholder. The purpose of the Kansas Affiliate Letter is to ensure compliance with state securities laws and regulations, specifically those in Kansas. The letter serves as a declaration from the affiliate(s) residing in Kansas, acknowledging their intent to engage in the proposed transaction under Rule 145 and affirming their understanding of the associated legal requirements. This letter may contain several key elements, including the affiliate's identification information, a statement acknowledging their status as an affiliate, a detailed description of the proposed transaction, an affirmation that the affiliate has reviewed and understood the relevant rules and regulations, and a commitment to cooperate in providing any additional information or documentation required by the state regulatory authorities. While there are no specific types of Kansas Affiliate Letters in Rule 145 Transactions, variations may exist depending on the specific nature of the transaction and the requirements set forth by the state of Kansas.