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2021 Kansas Statutes
Chapter 8 - Automobiles And Other Vehicles
Article 14 - Uniform Act Regulating Traffic; Definitions
8-1463 "Security interest" defined.
Universal Citation:
KS Stat § 8-1463 (2021)
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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.
History: L. 1974, ch. 33, ยง 8-1463; July 1.
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