Kan. Stat. § 16a-4-109

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 16a-4-109 - [Effective 1/1/2025] (UCCC) Existing insurance; choice of insurer; notice of option

If a creditor requires insurance, the consumer shall have the option of providing the required insurance through an existing policy of insurance owned or controlled by the consumer, or through a policy obtained and paid for by the consumer, but the creditor may for reasonable cause decline the insurance provided by the consumer. The creditor shall provide the consumer with a written notice on the loan agreement or other instrument fully informing the consumer of the option authorized by this section.

K.S.A. 16a-4-109

Amended by L. 2024, ch. 6,§ 88, eff. 1/1/2025.
L. 1973, ch. 85, § 69; L. 1988, ch. 153, § 2; July 1.
This section is set out more than once due to postponed, multiple, or conflicting amendments.