Skip to main content
Find a Lawyer

Kansas Statutes Chapter 16. Contracts and Promises § 16-706. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

As used in this act:

(a)(1) “Pawnbroker” means any person who loans money on deposit or pledge of personal property or other valuable thing, other than intangible personal property, or who deals in the purchase of personal property on the condition of selling the same back again at a stipulated price.

(2) “Pawnbroker” does not include any person operating under the supervision of the state banking commissioner, credit union administrator or the consumer credit commissioner of this state.

(b) “Person” means any individual, firm, company, partnership, corporation or association.

(c) “Precious metal” means gold, silver or platinum group metals or any used articles or other used personal property containing such metals, but shall not include coins purchased for their numismatic value rather than their metal content or ingots or other industrial residue or by-products composed of such metals purchased from manufacturing firms.

(d) “Precious metal dealer” means any person who engages in the business of purchasing precious metal for the purpose of reselling such metal in any form.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Kansas Statutes Chapter 16. Contracts and Promises § 16-706. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-16-contracts-and-promises/ks-st-sect-16-706/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard