K.S.A. » Chapter 50
Kansas Statutes Annotated

K.S.A. § 50-1017 (2026)

Prohibited acts

✓ current as of May 2026
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50-1017. Prohibited acts. A loan broker shall not, in connection with an offer of or a contract for the services of a loan broker, either directly or indirectly, do any of the following:

(1) Employ any device, scheme or artifice to defraud;

(2) make any untrue statements of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of circumstances under which they are made, not misleading; or

(3) engage in any act, practice or course of business that operates or would operate as a fraud or deceit upon any person.

History: L. 1988, ch. 328, § 17; L. 1992, ch. 226, § 12; July 1.

CASE ANNOTATIONS

1. Defendant may be charged with fraud under loan broker's act (K.S.A. 50-1001 et seq.) and criminal theft (K.S.A. 21-3701) for same acts. State v. Fritz, 261 Kan. 294, 297, 300, 933 P.2d 126 (1996).

2. Charges under K.S.A. 8-1567 and 21-3608a are not multiplicitous. State v. Cott, 288 Kan. 643, 206 P.3d 514 (2009).


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Notes of Decisions
Cited in 4 cases, 1997–2009 · leading case: State v. Fritz, 933 P.2d 126 (Kan. 1997).
Sort: Relevance Newest Treatment
State v. Fritz, 933 P.2d 126 (Kan. 1997). · cites it 11× “Fritz first contends that the only statute under which he could have been charged for deceptive or fraudulent conduct was K.S.A. 1990 Supp. 50-1017 (now K.S.A. 50-1017), engaging in fraud in *298 connection with a contract for the services of a loan broker.”
State v. Cott, 206 P.3d 514 (Kan. 2009). “21-3701(b) (Ensley 1988), and loan brokering fraud, K.S.A. 1990 Supp. 50-1017. The court concluded that “obtaining the victims’ property is central to the theft by deception charges, but immaterial to the loan broker fraud charges.”
State v. Taylor, 965 P.2d 834 (Kan. Ct. App. 1998). “The court concluded that a conviction of fraud under the Loan Broker’s Act (K.S.A. 50-1017) was not duplicitous with a conviction of theft by deception (K.”
State v. Matthews, 81 P.3d 1268 (Kan. Ct. App. 2004). “” K.S.A. 50-1017 lists the prohibited acts of the Act: *289 “A loan broker shall not, in connection with an offer of or a contract for the services of a loan broker, either directly or indirectly, do any of the following: “(1) Employ any device, scheme or artifice to defraud;…”
— K.S.A. § 50-1017(1) — 1 case
State v. Fritz, 933 P.2d 126 (Kan. 1997). “Fritz first contends that the only statute under which he could have been charged for deceptive or fraudulent conduct was K.S.A. 1990 Supp. 50-1017 (now K.S.A. 50-1017), engaging in fraud in *298 connection with a contract for the services of a loan broker.”
— K.S.A. § 50-1017(2) — 1 case
State v. Fritz, 933 P.2d 126 (Kan. 1997). “Fritz first contends that the only statute under which he could have been charged for deceptive or fraudulent conduct was K.S.A. 1990 Supp. 50-1017 (now K.S.A. 50-1017), engaging in fraud in *298 connection with a contract for the services of a loan broker.”
— K.S.A. § 50-1017(3) — 1 case
State v. Fritz, 933 P.2d 126 (Kan. 1997). “Fritz first contends that the only statute under which he could have been charged for deceptive or fraudulent conduct was K.S.A. 1990 Supp. 50-1017 (now K.S.A. 50-1017), engaging in fraud in *298 connection with a contract for the services of a loan broker.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.