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Current as of January 01, 2023 | Updated by FindLaw Staff
(a) Lease-purchase agreements which comply with this act are not governed by the laws relating to:
(1) Door-to-door sales as defined in K.S.A. 50-640, and amendments thereto;
(2) a consumer credit transaction as defined in K.S.A. 16a-1-301, and amendments thereto;
(3) a security interest as defined in K.S.A. 84-1-201(b)(35), and amendments thereto; or
(4) an instrument as defined in K.S.A. 16-207, and amendments thereto.
(b) This act does not apply to the following:
(1) Lease-purchase agreements primarily for business, commercial or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;
(2) a lease of a safe deposit box;
(3) a lease or bailment of personal property which is incidental to the lease of real property, and which provides that the consumer has no option to purchase the leased property; or
(4) a lease of an automobile.
Cite this article: FindLaw.com - Kansas Statutes Chapter 50. Unfair Trade and Consumer Protection § 50-682. Lease-purchase agreements; scope; applicability of other laws - last updated January 01, 2023 | https://codes.findlaw.com/ks/chapter-50-unfair-trade-and-consumer-protection/ks-st-sect-50-682/
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 or via Westlaw before relying on it for your legal needs.
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