16a-1-109) the uniform consumer credit code by written agreement, a consumer loan' does not include: (i) A loan secured by a first real estate mortgage unless: (A) The loan-to-value ratio of the loan at the time when made exceeds 100; or (B) in the case of subsection (1).
16a-1-101 through 16a-9-102, and amendments thereto.
16a-1-301, and amendments thereto ) and consumer loans (subsection (13) of section (17).S.A.
16a-1-301(7 and amendments thereto Finance charge' means all charges payable directly or indirectly by the consumer and imposed directly or indirectly by the creditor as an incident to or as a condition of the extension of credit.16a-2-401, and amendments thereto, governs the limitations on finance charges for a contract for deed to real estate where the parties agree in writing to make the transaction subject to the uniform consumer credit code.(3) This section does not limit or restrict the manner of calculating the finance charge, whether by way of add-on, discount, or otherwise, so long as the rate of the finance charge does not exceed that permitted by this section.(a) After notice and hearing the administrator may order a creditor or a person acting in a creditor's behalf to cease and desist from engaging in violations of this act.If no hearing is requested and none is ordered by the administrator, the order will remain in effect until it is modified or vacated by the administrator.The license year shall be the calendar year and the license fee fulham escorts for any period less than six months shall be an amount as established pursuant to subsection (6).S.A.16a-2-401, and amendments thereto, the following amounts: (i) On any amount up to and including 50, a charge.50 may be added; (ii) on amounts in excess of 50, but not more than 100, a charge may be added equal to 10 of the loan proceeds.(9) (13) Consumer' means the buyer, lessee, or debtor to whom credit is granted in a consumer credit transaction.16a-1-301, 16a-2-201, 16a-2-202, 16a-2-501 and 16a-2-502 and repealing the existing sections; also repealing.S.A.A security interest taken in violation of this section is void.The administrator may maintain an action in any court to recover such costs.(37) (42) Seller Except as otherwise provided, seller' includes an assignee of the seller's right to payment but use of the term does not in itself impose on an assignee any obligation of the seller with respect to events occurring before the assignment.Further details have not yet been determined by the Kansas Office of the State Bank Commissioner.(e) Any person so contracting for a greater rate of interest than that authorized by this section shall forfeit all interest so contracted for in excess of the amount authorized under this section; and in addition thereto shall forfeit a sum of money, to be deducted.