Section 16a-1-108 - [Effective 1/1/2025] (UCCC) Effect of act on powers of organization(1)K.S.A. 16a-1-101 et seq., and amendments thereto, prescribes maximum charges for all creditors, except lessors and those excluded by K.S.A. 16a-1-202, and amendments thereto, extends consumer credit including consumer credit sales and consumer loans , and displaces existing limitations on the powers of those creditors based on maximum charges.(2) With respect to sellers of goods or services, licensed lenders, consumer and sales finance companies, industrial banks , loan companies, commercial banks and trust companies, this act displaces existing limitations on their powers based solely on amount or duration of credit.(3) Except as provided in subsection (1) and K.S.A. 16a-1-101 et seq., and amendments thereto, does not displace limitations on powers of credit unions, savings banks, savings and loan associations or other thrift institutions .(4) Except as provided in K.S.A. 16a-1-101 et seq., and amendments thereto, does not displace:(a) Limitations on powers of supervised financial organizations with respect to the amount of a loan to a borrower or other similar restrictions designed to protect deposits; or(b) limitations on powers an organization is authorized to exercise under the laws of this state or the United States.Amended by L. 2024, ch. 6,§ 33, eff. 1/1/2025.L. 1973, ch. 85, § 7; L. 1981, ch. 93, § 3; L. 1993, ch. 200, § 2; L. 1999, ch. 107, § 6; July 1.This section is set out more than once due to postponed, multiple, or conflicting amendments.