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Liability of lenders upon failure to comply with act's requirements.

K.S.A. 58-2340
in effect
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58-2340. Liability of lenders upon failure to comply with act's requirements. If the selling lender fails to comply with the requirements of K.S.A. 58-2338 , or the purchasing lender fails to comply with the requirements of K.S.A. 58-2339 , and such failure to comply was due to the lender's failure to exercise reasonable care, the lender is liable to the mortgagor for $100 per occurrence, in addition to actual damages caused by the failure to comply. L. 1988, ch. 57, § 4; July 1.
Source: Kansas Office of Revisor of Statutes (ksrevisor.gov)URL: https://www.ksrevisor.gov/statutes/chapters/ch58/058_023_0040.htmlFetched: 10/20/2026

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