Kan. Stat. § 58-2340

Current through 2024 Session Acts Chapter 111
Section 58-2340 - Same; liability of lenders upon failure to comply with act's requirements

If the selling lender fails to comply with the requirements of K.S.A. 58-2338, or the purchasing lender fails to comply with the requirements of K.S.A. 58-2339, and such failure to comply was due to the lender's failure to exercise reasonable care, the lender is liable to the mortgagor for $100 per occurrence, in addition to actual damages caused by the failure to comply.

K.S.A. 58-2340

L. 1988, ch. 57, § 4; July 1.