Kansas § 50-1017 Prohibited acts

Kansas Statutes

§ 50-1017 — Prohibited acts

Kansas § 50-1017

Ch. 50UNFAIR TRADE AND CONSUMER PROTECTION

Art. 10LOAN BROKERS

This text of Kansas § 50-1017 (Prohibited acts) 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. § 50-1017 (2026).

Text

A loan broker shall not, in connection with an offer of or a contract for the services of a loan broker, either directly or indirectly, do any of the following:

(1)Employ any device, scheme or artifice to defraud;

(2)make any untrue statements of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of circumstances under which they are made, not misleading; or

(3)engage in any act, practice or course of business that operates or would operate as a fraud or deceit upon any person.

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A loan broker shall not, in connection with an offer of or a contract for the services of a loan broker, either directly or indirectly, do any of the following:
(1) Employ any device, scheme or artifice to defraud;
(2) make any untrue statements of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of circumstances under which they are made, not misleading; or
(3) engage in any act, practice or course of business that operates or would operate as a fraud or deceit upon any person.