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Kan. Stat. Ann. § 40-2611

Delinquency charge

Kansas · Kansas Statutes Annotated Chapter 40 — Insurance · Status: effective

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Kan. Stat. Ann. § 40-2611, Delinquency charge, Kansas, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2555074
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A premium finance agreement may provide for the payment by the insured of a delinquency charge of $5 plus an amount not to exceed 2% of the delinquent installment on any installment which is in default for a period of five days or more.