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.
K.S.A. 58-2340
Liability of lenders upon failure to comply with act's requirements
L. 1988, ch. 57, § 4; July 1.
Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.