Kansas Statutes

§ 84-3-414 — Obligation of drawer

Kansas § 84-3-414
JurisdictionKansas
Ch. 84UNIFORM COMMERCIAL CODE
Art. 3NEGOTIABLE INSTRUMENTS

This text of Kansas § 84-3-414 (Obligation of drawer) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Kan. Stat. Ann. § 84-3-414 (2026).

Text

(a)This section does not apply to cashier's checks or other drafts drawn on the drawer.
(b)If an unaccepted draft is dishonored, the drawer is obliged to pay the draft (1) according to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder, or (2) if the drawer signed an incomplete instrument, according to its terms when completed, to the extent stated in K.S.A. 84-3-115 and 84-3-407. The obligation is owed to a person entitled to enforce the draft or to an endorser who paid the draft under K.S.A. 84-3-415.
(c)If a draft is accepted by a bank, the drawer is discharged, regardless of when or by whom acceptance was obtained.
(d)If a draft is accepted and the acceptor is not a bank, the obligation of the drawer to pay the draft if the

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Related

Cairo Coop. Exchange v. First Nat'l Bank of Cunningham
620 P.2d 805 (Supreme Court of Kansas, 1980)
21 case citations
Litwin v. Barrier
626 P.2d 1232 (Court of Appeals of Kansas, 1981)
8 case citations

Legislative History

L. 1991, ch. 296, § 51; February 1, 1992.

Nearby Sections

15
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Bluebook (online)
Kansas § 84-3-414, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/84-3-414.