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 security
interest, the agreement with respect to a consumer credit transaction
may not provide for any charges as a result of default by the consumer
other than those authorized by K.S.A. 16a-1-101 through
16a-9-102. A provision in violation of this section is
unenforceable.

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