Kansas § 16a-5-109 (UCCC) Default

Kansas Statutes

§ 16a-5-109 — (UCCC) Default

Kansas § 16a-5-109

Ch. 16aCONSUMER CREDIT CODE

Art. 5REMEDIES AND PENALTIES

This text of Kansas § 16a-5-109 ((UCCC) Default) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 16a-5-109 (2026).

Text

An agreement of the parties to a consumer credit transaction with respect to default on the part of the consumer is enforceable only to the extent that:

(1)The consumer fails to make a payment as required by agreement; or

(2)the prospect of payment, performance, or realization of collateral is significantly impaired; the burden of establishing the prospect of significant impairment is on the creditor.

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An agreement of the parties to a consumer credit transaction with respect to default on the part of the consumer is enforceable only to the extent that:
(1) The consumer fails to make a payment as required by agreement; or
(2) the prospect of payment, performance, or realization of collateral is significantly impaired; the burden of establishing the prospect of significant impairment is on the creditor.