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KANSAS STATUTES AND CODES

50-683. Same; required disclosures by lessor, when and how.

50-683

Chapter 50.--UNFAIR TRADE AND CONSUMER PROTECTION
Article 6.--CONSUMER PROTECTION

      50-683.   Same; required disclosures by lessor, when and how.(a) The lessor shall disclose to the consumer the informationrequired by this act. In a transaction involving more than one lessor, only onelessor need make the disclosures, but all lessors shall be bound by suchdisclosures.

      (b)   The disclosures shall be made at or before consummation of thelease-purchase agreement.

      (c)   The disclosures shall be made clearly and conspicuously in writing and acopy of the lease-purchase agreement provided to the consumer. The disclosuresrequired under subsection (a) of K.S.A. 50-684 shall be made on theface of the contract above the line for the consumer's signature.

      (d)   If a disclosure becomes inaccurate as the result of any act, occurrenceor agreement by the consumer after delivery of the required disclosures, theresulting inaccuracy is not a violation of this act.

      History:   L. 1991, ch. 71, § 4; July 1.

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