Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:8-1463
Chapter Title:AUTOMOBILES AND OTHER VEHICLES
Article Title:UNIFORM ACT REGULATING TRAFFIC; DEFINITIONS
Tax Type:Vehicles
Brief Description:"Security interest" defined.
Keywords:


Body:

8-1463. "Security interest" defined. "Security interest" means an interest in a vehicle reserved or created by agreement and which secures payment or performance of an obligation. The term includes the interest of a lessor under a lease intended as security. A security interest is "perfected" when it is valid against third parties generally, subject only to specific statutory exceptions.
History: L. 1974, ch. 33, 8-1463; July 1.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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