KS Stat § 84-4a-105 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 4a - Funds Transfers|84-4a-105 Other definitions.

84-4a-105. Other definitions. (a) In this article:(1) "Authorized account" means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.(2) "Bank" means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union and trust company. A branch or separate office of a bank is a separate bank for purposes of this article.(3) "Customer" means a person, including a bank, having an account with a bank or from whom a bank has agreed to receive payment orders.(4) "Funds-transfer business day" of a receiving bank means the part of a day during which the receiving bank is open for the receipt, processing, and transmittal of payment orders and cancellations and amendments of payment orders.(5) "Funds-transfer system" means a wire transfer network, automated clearinghouse, or other communication system of a clearinghouse or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.(6) Reserved.(7) "Prove" with respect to a fact means to meet the burden of establishing the fact (K.S.A. 84-1-201(b)(8), and amendments thereto).(b) Other definitions applying to this article and the sections in which they appear are:"Acceptance"  84-4a-209,  and amendments thereto"Beneficiary"  84-4a-103,  and amendments thereto"Beneficiary's bank"  84-4a-103,  and amendments thereto"Executed"  84-4a-301,  and amendments thereto"Execution date"  84-4a-301,  and amendments thereto"Funds-transfer system rule"  84-4a-501,  and amendments thereto"Funds transfer"  84-4a-104,  and amendments thereto"Intermediary bank"  84-4a-104,  and amendments thereto"Originator"  84-4a-104,  and amendments thereto"Originator's bank"  84-4a-104,  and amendments thereto"Payment by beneficiary'sbank to beneficiary"  84-4a-405,  and amendments thereto"Payment by originatorto beneficiary"  84-4a-406,  and amendments thereto"Payment by sender toreceiving bank"  84-4a-403,  and amendments thereto"Payment date"  84-4a-401,  and amendments thereto"Payment order"  84-4a-103,  and amendments thereto"Receiving bank"  84-4a-103,  and amendments thereto"Security procedure"  84-4a-201,  and amendments thereto"Sender"  84-4a-103,  and amendments thereto(c) The following definitions in article 4 of chapter 84 of Kansas Statutes Annotated, and amendments thereto, apply to this article:"Clearinghouse"  84-4-104,  and amendments thereto"Item"  84-4-104,  and amendments thereto"Suspends payments"  84-4-104,  and amendments thereto(d) In addition, article 1 of chapter 84 of Kansas Statutes Annotated, and amendments thereto, contains general definitions and principles of construction and interpretation applicable throughout this article.History: L. 1990, ch. 367, § 5; L. 1991, ch. 294, § 4; L. 2007, ch. 89, § 43; July 1, 2008.