Alert
July 22, 2026
New Kansas UCCC and KMBA Regulations Effective on July 24, 2026
On July 24, 2026, new regulations issued by the Kansas Office of the State Bank Commissioner ("OSBC") will take effect, updating the regulations applicable to consumer lending under the Kansas Uniform Consumer Credit Code ("UCCC") and mortgage businesses under the Kansas Mortgage Business Act ("KMBA").
The OSBC amended the UCCC regulations as follows:
- K.A.R. 75-6-9 updates the statutory citations and grammatical style.
- K.A.R. 75-6-31 addresses circumstances when the OSBC may require a higher surety bond and moves certain bonding requirements to the KMBA regulations.
- K.A.R. 75-6-32 changes the annual filing due date from April 30 to August 31 and changes the term "notification" to "consumer credit filings."
- K.A.R. 75-6-36 and K.A.R. 75-6-37 were revoked because statutory mortgage provisions were transferred to the KMBA.
- K.A.R. 75-6-38 removes mortgage specific requirements and splits document retention requirements into categories based on the type of activity conducted.
The OSBC amended the KMBA regulations as follows:
- K.A.R. 17-24-1 replaces the requirement to obtain a signed consumer acknowledgement with a requirement to provide a disclosure to the consumer. The disclosure includes a new statement that the consumer may review information about the mortgage company at the Nationwide Multistate Licensing System and Registry website.
- K.A.R. 17-24-6 is updated to mirror UCCC regulations requiring licensees to maintain a surety bond. The amendment removes the requirement for a higher surety bond based on transaction volume and removes lower surety bond requirements for in-state mortgage companies. The amended regulation addresses increased bonding or regulatory oversight requirements that may be imposed.
- K.A.R. 17-24-7 addresses conditions required for additional charges to be deemed allowable. The updates to the mortgage regulations mirror regulations that applied to mortgages before they were moved from the UCCC to the KMBA last year. These regulatory changes conform the mortgage regulations to those longstanding requirements under the UCCC regulations.