Kan. Stat. § 40-2611

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-2611 - Delinquency charge

A premium finance agreement may provide for the payment by the insured of a delinquency charge of $5 plus an amount not to exceed 2% of the delinquent installment on any installment which is in default for a period of five days or more.

K.S.A. 40-2611

L. 1968, ch. 287, § 11; L. 1991, ch. 136, § 4; July 1.