{"data":{"id":"us-ks/k.s.a.-16a-2-201","jurisdiction":"us-ks","citation":"K.S.A. 16a-2-201","heading":"Finance charge for closed-end consumer credit sales.","body":"(1) This section applies only to a closed-end consumer credit sale.\n(2) A seller may charge a finance charge at any rate agreed to by the parties, subject, however, to the limitations on prepaid finance charges set forth in subsection (3).\n(3) A seller may charge a prepaid finance charge:\n(a) For any consumer credit sale, an amount not to exceed the lesser of 2% of the amount financed or $300.\n(b) A prepaid finance charge permitted under this subsection is in addition to finance charges permitted under subsection (2). A prepaid finance charge permitted under this subsection is fully earned when paid and is nonrefundable, unless the parties agree otherwise in writing.","path":["Chapter 16a.—CONSUMER CREDIT CODE","Article 2.—FINANCE CHARGES AND RELATED PROVISIONS"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch16a/016a_002_0201.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:10:37Z","sha256":"f60f803df677700797937f5aa6abdd2ddc0e3cce79bdd6e29ac51885983696dd","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-16a-2-104","next":"us-ks/k.s.a.-16a-2-202"},"notice":"GroundRules: Original legal text. Not legal advice."}