Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:50-1017
Chapter Title:UNFAIR TRADE AND CONSUMER PROTECTION
Article Title:LOAN BROKERS
Tax Type:All
Brief Description:Prohibited acts.
Keywords:


Body:

50-1017. Prohibited acts. 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.
History: L. 1988, ch. 328, 17;L. 1992, ch. 226, 12; July 1.


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

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