16a-6-203.   Fees.(1) A person required to file notification shall on or beforeApril 30of each year pay to the administrator an annual fee in an amountestablished pursuant to subsection (5) of K.S.A. 16a-6-104,and amendmentsthereto,for each business location for that year.

      (2)   Persons required to file notification who are sellers, lessorsor lenders shall pay an additional fee at the time and in the mannerstated in subsection (1), in an amount established pursuant tosubsection (5) of K.S.A. 16a-6-104, and amendments thereto,for each$100,000, or partthereof, ofthe average unpaidbalances, including unpaid scheduled periodic payments under consumerleases, arising from consumer credit transactions entered into in thisstate and held on the last day of each calendar month during thepreceding calendar year and held either by the seller, lessor orlender, or by the immediate or a remote assignee whohas not filed notification.The unpaidbalances of assigned obligations held by an assignee who has not filednotification arepresumed to be the unpaid balances of the assigned obligations at thetime of their assignment by the seller, lessor or lender.

      (3)   Persons required to file notification who are assignees shallpay an additional fee at the time and in the manner stated in subsection(1), in an amount established pursuant to subsection (5) ofK.S.A. 16a-6-104,and amendments thereto, for each $100,000, orpart thereof, of theaverage unpaid balances, including unpaid scheduled periodic paymentspayable by lessees, arising from consumer credit transactions enteredinto in this state taken by assignment and held on the last day of eachcalendar month during the preceding calendar year.

      History:   L. 1973, ch. 85, § 111; L. 1976, ch. 98, § 3; L. 1978,ch. 73, § 1;L. 2000, ch. 27, § 5;L. 2005, ch. 144, § 21;L. 2009, ch. 29, § 25; July 1.