Kan. Stat. § 16a-2-504

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

Section 16a-2-504 - [Effective 1/1/2025] (UCCC) Finance charge on refinancing

With respect to a consumer credit transaction, the creditor may by agreement with the consumer refinance the unpaid balance , including any accrued charges. For the purpose of determining the finance charge permitted, the amount financed resulting from the refinancing refinanced shall be the total of the unpaid balance and the accrued charges on the date of the refinancing.

K.S.A. 16a-2-504

Amended by L. 2024, ch. 6,§ 55, eff. 1/1/2025.

L. 1973, ch. 85, § 32; L. 1993, ch. 200, § 9; 1/1/1994.

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