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, ยง 57; 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.