16a-3-402

Chapter 16a.--CONSUMER CREDIT CODE
Part 4 LIMITATIONS ON CONSUMER'S LIABILITY
Article 3.--REGULATION OF AGREEMENTS AND PRACTICES

      16a-3-402.   (UCCC) Limitation on default charges.Except for reasonable expenses incurred in realizing on a securityinterest, the agreement with respect to a consumer credit transactionmay not provide for any charges as a result of default by the consumerother than those authorized by K.S.A. 16a-1-101 through16a-9-102. A provision in violation of this section isunenforceable.

      History:   L. 1973, ch. 85, § 57; Jan. 1, 1974.