Kan. Stat. § 16a-3-307

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4

Section 16a-3-307 - [Effective 1/1/2025] (UCCC) Certain negotiable instruments prohibited

With respect to a consumer credit sale or consumer lease, the creditor shall only accept currently dated negotiable instruments as evidence of the obligation of the buyer or lessee. For purposes of this section, a creditor shall not make the consumer credit sale contract or consumer lease contract a negotiable instrument.

K.S.A. 16a-3-307

Amended by L. 2024, ch. 6,§ 75, eff. 1/1/2025.

L. 1973, ch. 85, § 53; L. 1981, ch. 93, § 9; July 1.

This section is set out more than once due to postponed, multiple, or conflicting amendments.