16a-9-102.
History: L. 1973, ch. 85, § 131; Repealed, L. 2024, ch. 6, § 120; January 1, 2025.
KANSAS COMMENT, 2000
This section provides automatic licensing under article 2, part 3 (K.S.A. 16a-2-301 et seq.) for all lenders previously licensed under the old Kansas consumer loan act. No application or administrative action is required and the formal license under the prior statute, now repealed, will be a license under the U3C. The administrator, at such time as the duties under the U3C permit, may substitute new licenses for those in the lender's possession, but this is entirely a ministerial act.
Revisor's Note:
* The phrase "this act" includes 16a-1-101 through 16a-9-102, 16-207, 16-403, 17-2214 and 84-9-203.
Law Review and Bar Journal References:
"History & Overview of the Uniform Consumer Credit Code," Ryan E. Hodge, J.K.T.L.A. Vol. XXVI, No. 3, 8 (2003).
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