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2012 Kansas Statutes
Chapter 17 CORPORATIONS
Article 55 SAVINGS AND LOAN CODE; POWERS
Section 17-5508 Association payments for protection of loans; addition to unpaid balance of loan.
Universal Citation:
KS Stat § 17-5508 (2012)
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17-5508. Association payments for protection of loans; addition to unpaid balance of loan. An association may pay taxes, assessments, insurance premiums and other similar charges for the protection of its real-estate loans. All such payments shall be added to the unpaid balance of the loan and shall be equally secured by the first lien on the property.
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