41-2705. Loans or gifts from manufacturer or distributor prohibited.
41-2705
41-2705. Loans or gifts from manufacturer or distributor prohibited.(a) Except to the extent permitted pursuant to K.S.A. 41-703and amendments thereto, no retailer, or any officer, associate, member,representative or agent thereof,shall accept, receive or borrow money or anything else of value, or acceptor receive credit, directly or indirectly, from: (1) Any manufacturer ordistributor; (2) any person connected with, in any way representing or amember of the family of a manufacturer or distributor; (3) any stockholdersin a manufacturer or distributor; or (4) any officer, manager, agent orrepresentative of a manufacturer or distributor.
(b) Any licensee who shall permit or assent, or be a party in anyway, to any violation or infringement of the provisions of this sectionor of K.S.A. 41-702 or 41-703, and amendments thereto,shall be deemed guilty of a violation of this act, and any money loanedcontrary to a provision of this section shall not be recovered, or anynote, mortgage or other evidence of indebtedness, or security, or anylease or contract obtained or made contrary to this act shall beunenforceable and void.
History: L. 1937, ch. 214, § 5; L. 1947, ch. 238, § 1; L. 1965,ch. 316, § 36; L. 1974, ch. 195, § 4; L. 1975, ch. 253, § 1; L.1977, ch. 170, § 1; L. 1982, ch. 210, § 3;L. 1987, ch. 182, § 101; Jan. 1, 1988.