REPLY: Not PSK...your last sentence says it all: "...because Team K is technically in team possession of the ball when the down ends due to the IW" and they are next entitled to put the ball in play because of the IW. (NF 2-16-2g (e) and NCAA 10-2-2e Exc 3e). For NCAA, see AR 4-1-2 I.
I'll take your sentence one step further: K is in team possession when the down ends. There's no "technically" about it.
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Bob M.
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