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2012 Kansas Statutes
Chapter 8 AUTOMOBILES AND OTHER VEHICLES
Article 14 UNIFORM ACT REGULATING TRAFFIC; DEFINITIONS
Section 8-1463 "Security interest" defined.


KS Stat § 8-1463 (2012) What's This?

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.

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