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

K.S.A. § 50-1118 (2026)

Licensing required to conduct credit services organization business; application

✓ current as of May 2026
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50-1118. Licensing required to conduct credit services organization business; application. (a) No person shall engage in, or hold such person out as willing to engage in any credit services organization business with a resident of this state without first obtaining licensing from the commissioner. Any person required to be licensed as a credit services organization shall submit to the commissioner an application for licensing on forms prescribed and provided by the commissioner. The application for licensing shall include:

(1) The applicant's name, business address, telephone number and website address, if any;

(2) the name and address of each owner, officer, director, member or partner of the applicant;

(3) a description of the ownership interest of any officer, director, member, partner, agent or employee of the applicant in any affiliate or subsidiary of the applicant or in any other entity that provides any service to the applicant or any consumer relating to the applicant's credit services organization business;

(4) a description of the applicant's consumer education program; and

(5) any other information the commissioner may deem necessary to evaluate the financial responsibility and condition, character, qualifications and fitness of the applicant.

(b) Each application for licensing shall be accompanied by a nonrefundable fee which shall be established by the commissioner through the adoption of rules and regulations.

(c) The application shall be approved and a nontransferable and non-assignable license shall be issued to the applicant provided:

(1) The commissioner has received the complete application and fee required by this section; and

(2) the commissioner determines the financial responsibility and condition, character, qualifications and fitness of the applicant warrants a belief the business of the applicant will be conducted competently, honestly, fairly and in accordance with all applicable state and federal laws.

(d) Each credit services organization license issued under this section shall expire on April 30 of each year. A license shall be renewed by filing with the commissioner, at least 30 days prior to the expiration of the license, a complete renewal application, containing information the commissioner requires to determine the existence and effect of any material changes from the information contained in the applicant's original application, annual reports or prior renewal applications. Each renewal shall be accompanied by a nonrefundable renewal fee which shall be established by rules and regulations of the commissioner.

(e) If the commissioner fails to issue a license within 60 days after a filed application is deemed complete by the commissioner, the applicant may make written request for hearing. The commissioner shall conduct a hearing in accordance with the Kansas administrative procedure act.

History: L. 2004, ch. 22, § 3; L. 2017, ch. 52, § 14; July 1.


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www.ksrevisor.gov 2026
Notes of Decisions
Cited in 5 cases, 2009–2014 · leading case: Parks v. Persels & Assocs., LLC (In Re Kinderknecht), 470 B.R. 149 (Bankr. D. Kan. 2012).
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Parks v. Persels & Assocs., LLC (In Re Kinderknecht), 470 B.R. 149 (Bankr. D. Kan. 2012). · cites it 9× “Because none of its individual lawyers are “licensed to practice law in this state,” and because entities are not “licensed” to practice law, Persels is not exempt from the provisions of the KCSOA, including the requirement that it register with the State Bank Commissioner, §…”
In Re Wood, 408 B.R. 841 (Bankr. D. Kan. 2009). · cites it 2× “See also K.S.A. § 50-1118 which mandates that credit service organizations be licensed and registered with the Kansas State Bank Commissioner.”
Schmidt v. Persels & Assocs., LLC (In re Parks), 509 B.R. 345 (D. Kan. 2014). “Parks then brought the present adversarial action against Persels and Goodwin for violation of the Kansas Credit Services Organization Act (KCSOA), K.S.A. 50-1118, the Kansas Consumer Protection Act (KCPA), K.”
Hays v. Ruther, 313 P.3d 782 (Kan. 2013). “K.S.A. 50-1118(a). Subsequent sections of the statute set out the requirements for registration, including surety bonds, and substantive duties assumed by registrants and acts that are prohibited for registrants, such as misrepresentations to consumers.”
Consum. Law Assocs., LLC v. Stork, 276 P.3d 226 (Kan. Ct. App. 2012). “” The order directed CLA and Persels to pay a fine of $8,400,000 based on 1,671 violations of K.S.A. 50-1118(a), and at least one violation of K.”
— K.S.A. § 50-1118(a) — 2 cases
Hays v. Ruther, 313 P.3d 782 (Kan. 2013). “K.S.A. 50-1118(a). Subsequent sections of the statute set out the requirements for registration, including surety bonds, and substantive duties assumed by registrants and acts that are prohibited for registrants, such as misrepresentations to consumers.”
Consum. Law Assocs., LLC v. Stork, 276 P.3d 226 (Kan. Ct. App. 2012). “” The order directed CLA and Persels to pay a fine of $8,400,000 based on 1,671 violations of K.S.A. 50-1118(a), and at least one violation of K.”
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