2006 Kansas Code - 50-682

      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. 84-1-201 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; July 1.