Kan. Stat. § 84-3-408

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 84-3-408 - Drawee not liable on unaccepted draft

A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

K.S.A. 84-3-408

L. 1991, ch. 296, § 45; 2/1/1992.