K.S.A. 16a-2-301: (UCCC) Authority to make or service supervised loans.

(1) Unless a person is exempt from licensing pursuant to K.S.A. 2025 Supp. 16a-2-311, and amendments thereto, such person shall not engage in the business of:

(a) Making supervised loans; or

(b) taking assignments of and directly or indirectly, including through the use of supervised loans servicing contracts or otherwise, and either:

(i) Undertaking collection of payments from debtors arising from supervised loans; or

(ii) enforcing rights against debtors arising from supervised loans.

(2) If any person is engaged in the business of subsection (1)(b), such person shall promptly apply for a license and may for three months collect and enforce without such license, provided such person's application has not been denied.