Kansas § 84-4-205 Depository bank holder of unendorsed item

Kansas Statutes

§ 84-4-205 — Depository bank holder of unendorsed item

Kansas § 84-4-205

Ch. 84UNIFORM COMMERCIAL CODE

Art. 4BANK DEPOSITS AND COLLECTIONS

This text of Kansas § 84-4-205 (Depository bank holder of unendorsed item) 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. § 84-4-205 (2026).

Text

If a customer delivers an item to a depository bank for collection:

(a)The depository bank becomes a holder of the item at the time it receives the item for collection if the customer at the time of delivery was a holder of the item, whether or not the customer endorses the item, and, if the bank satisfies the other requirements of K.S.A. 84-3-302, it is a holder in due course; and

(b)the depository bank warrants to collecting banks, the payor bank or other payor, and the drawer that the amount of the item was paid to the customer or deposited to the customer's account.

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If a customer delivers an item to a depository bank for collection:
(a) The depository bank becomes a holder of the item at the time it receives the item for collection if the customer at the time of delivery was a holder of the item, whether or not the customer endorses the item, and, if the bank satisfies the other requirements of K.S.A. 84-3-302, it is a holder in due course; and
(b) the depository bank warrants to collecting banks, the payor bank or other payor, and the drawer that the amount of the item was paid to the customer or deposited to the customer's account.