Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:50-682
Chapter Title:UNFAIR TRADE AND CONSUMER PROTECTION
Article Title:CONSUMER PROTECTION
Tax Type:All
Brief Description:Lease-purchase agreements; scope; applicability of other
laws.
Keywords:


Body:

50-682. Lease-purchase agreements; scope; applicability of other laws. (a) Lease-purchase agreements which comply with this act are not governed by the laws relating to:
(1) Door-to-door sales as defined in K.S.A. 50-640 and amendments thereto;
(2) a consumer credit transaction as defined in K.S.A. 16a-1-301 and amendments thereto;
(3) a security interest as defined in K.S.A. 2010 Supp. 84-1-201(b)(35), and amendments thereto; or
(4) an instrument as defined in K.S.A. 16-207 and amendments thereto.
(b) This act does not apply to the following:
(1) Lease-purchase agreements primarily for business, commercial or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;
(2) a lease of a safe deposit box;
(3) a lease or bailment of personal property which is incidental to the lease of real property, and which provides that the consumer has no option to purchase the leased property; or
(4) a lease of an automobile.
History: L. 1991, ch. 71, 3;L. 2007, ch. 89, 28; July 1, 2008.


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

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