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the Kansas Statutes
2012 Kansas Statutes
Chapter 16a CONSUMER CREDIT CODE
Article 5 REMEDIES AND PENALTIES
Section 16a-5-109 (UCCC) Default.
Universal Citation:
KS Stat § 16a-5-109 (2012)
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on the American Association of Law Libraries Universal Citation Guide and is not
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16a-5-109. (UCCC) Default. An agreement of the parties to a consumer credit transaction with respect to default on the part of the consumer is enforceable only to the extent that
(1) the consumer fails to make a payment as required by agreement; or
(2) the prospect of payment, performance, or realization of collateral is significantly impaired; the burden of establishing the prospect of significant impairment is on the creditor.
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