16a-3-309. (UCCC) Referral sales. With respect to a consumer credit sale or consumer lease the seller or lessor may not give or offer to give a rebate or discount or otherwise pay or offer to pay value to the buyer or lessee as an inducement for a sale or lease in consideration of his giving to the seller or lessor the names of prospective purchasers or lessees, or otherwise aiding the seller or lessor in making a sale or lease to another person, if the earning of the rebate, discount or other value is contingent upon the occurrence of an event subsequent to the time the buyer or lessee agrees to buy or lease. If a buyer or lessee is induced by a violation of this section to enter into a consumer credit sale or consumer lease, the agreement is unenforceable by the seller or lessor and the buyer or lessee, at his option, may rescind the agreement or retain the goods delivered and the benefit of any services performed, without any obligation to pay for them.
History: L. 1974, ch. 85, ยง 55; January 1, 1974.
Structure Kansas Statutes
Chapter 16a - Consumer Credit Code
Article 3 - Regulation Of Agreements And Practices
16a-3-201 (UCCC) Consumer leases.
16a-3-202 (UCCC) Notice to consumer.
16a-3-203 (UCCC) Notice of assignment.
16a-3-203a Receipt of payment by assignor.
16a-3-204 (UCCC) Change in terms of open end credit accounts.
16a-3-205 (UCCC) Receipts; statements of account; evidence of payment.
16a-3-206 (UCCC) Compliance with rules and regulations; truth in lending.
16a-3-207 Consumer loans secured by certain real estate mortgages; appraisals and notice.
16a-3-208 Advertising; prohibited conduct.
16a-3-209 Calendar days used for computing time.
16a-3-301 (UCCC) Security in sales or leases.
16a-3-302 (UCCC) Cross-collateral.
16a-3-303 (UCCC) Debt secured by cross-collateral.
16a-3-304 (UCCC) Use of multiple agreements.
16a-3-305 (UCCC) No assignment of earnings.
16a-3-306 (UCCC) Authorization to confess judgment prohibited.
16a-3-307 (UCCC) Certain negotiable instruments prohibited.
16a-3-308 (UCCC) Balloon payments.
16a-3-309 (UCCC) Referral sales.
16a-3-401 (UCCC) Restriction on liability in consumer lease.
16a-3-402 (UCCC) Limitation on default charges.
16a-3-403 (UCCC) Credit card issuer subject to defenses.
16a-3-405 (UCCC) Lender subject to defenses arising from sales and leases.