Kansas Statutes

§ 9-2224 — Restrictions on interest in land as security; violation

Kansas § 9-2224
JurisdictionKansas
Ch. 9BANKS AND BANKING; TRUST COMPANIES
Art. 22MORTGAGE BUSINESS

This text of Kansas § 9-2224 (Restrictions on interest in land as security; violation) 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. § 9-2224 (2026).

Text

(a)A mortgage company shall not make a covered transaction with an interest in land as security with an amount financed of $5,000 or less in which the annual percentage rate of the loan exceeds the code mortgage rate. A security interest taken in violation of this section shall be void.
(b)This section shall be a part of and supplemental to the Kansas mortgage business act.

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Legislative History

L. 2024, ch. 6, § 4; January 1, 2025.

Nearby Sections

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Bluebook (online)
Kansas § 9-2224, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/9-2224.