reglab/housing_qa huggingface dataset:
KS Stat § 84-9-304 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-304 Law governing perfection and priority of security interests in deposit accounts.

84-9-304. Law governing perfection and priority of security interests in deposit accounts. (a) Law of bank's jurisdiction governs. The local law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank.(b) Bank's jurisdiction. The following rules determine a bank's jurisdiction for purposes of this part:(1) If an agreement between the bank and the debtor governing the deposit account expressly provides that a particular jurisdiction is the bank's jurisdiction for purposes of this part, this article, or the uniform commercial code, that jurisdiction is the bank's jurisdiction.(2) If paragraph (1) does not apply and an agreement between the bank and its customer governing the deposit account expressly provides that the agreement is governed by the law of a particular jurisdiction, that jurisdiction is the bank's jurisdiction.(3) If neither paragraph (1) nor paragraph (2) applies and an agreement between the bank and its customer governing the deposit account expressly provides that the deposit account is maintained at an office in a particular jurisdiction, that jurisdiction is the bank's jurisdiction.(4) If none of the preceding paragraphs apply, the bank's jurisdiction is the jurisdiction in which the office identified in an account statement as the office serving the customer's account is located.(5) If none of the preceding paragraphs apply, the bank's jurisdiction is the jurisdiction in which the chief executive office of the bank is located.History: L. 2000, ch. 142, § 24; July 1, 2001.Revisor's Note:Former section 84-9-304 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-306 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-306 Law governing perfection and priority of security interests in letter-of-credit rights.

84-9-306. Law governing perfection and priority of security interests in letter-of-credit rights. (a) Governing law: Issuer's or nominated person's jurisdiction. Subject to subsection (c), the local law of the issuer's jurisdiction or a nominated person's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a letter-of-credit right if the issuer's jurisdiction or nominated person's jurisdiction is a state.(b) Issuer's or nominated person's jurisdiction. For purposes of this part, an issuer's jurisdiction or nominated person's jurisdiction is the jurisdiction whose law governs the liability of the issuer or nominated person with respect to the letter-of-credit right as provided in K.S.A. 84-5-116, and amendments thereto.(c) When section not applicable. This section does not apply to a security interest that is perfected only under K.S.A. 2021 Supp. 84-9-308(d), and amendments thereto.History: L. 2000, ch. 142, § 26; L. 2002, ch. 159, § 10; May 23.Revisor's Note:Former section 84-9-306 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-308 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-308 When security interest or agricultural lien is perfected; continuity of perfection.

84-9-308. When security interest or agricultural lien is perfected; continuity of perfection. (a) Perfection of security interest. Except as otherwise provided in this section and K.S.A. 2021 Supp. 84-9-309, and amendments thereto, a security interest is perfected if it has attached and all of the applicable requirements for perfection in K.S.A. 2021 Supp. 84-9-310 through 84-9-316, and amendments thereto, have been satisfied. A security interest is perfected when it attaches if the applicable requirements are satisfied before the security interest attaches.(b) Perfection of agricultural lien. An agricultural lien is perfected if it has become effective and all of the applicable requirements for perfection in K.S.A. 2021 Supp. 84-9-310, and amendments thereto, have been satisfied. An agricultural lien is perfected when it becomes effective if the applicable requirements are satisfied before the agricultural lien becomes effective.(c) Continuous perfection; perfection by different methods. A security interest or agricultural lien is perfected continuously if it is originally perfected by one method under this article and is later perfected by another method under this article, without an intermediate period when it was unperfected.(d) Supporting obligation. Perfection of a security interest in collateral also perfects a security interest in a supporting obligation for the collateral.(e) Lien securing right to payment. Perfection of a security interest in a right to payment or performance also perfects a security interest in a security interest, mortgage, or other lien on personal or real property securing the right.(f) Security entitlement carried in securities account. Perfection of a security interest in a securities account also perfects a security interest in the security entitlements carried in the securities account.(g) Commodity contract carried in commodity account. Perfection of a security interest in a commodity account also perfects a security interest in the commodity contracts carried in the commodity account.History: L. 2000, ch. 142, § 28; July 1, 2001.Revisor's Note:Former section 84-9-308 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-309 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-309 Security interest perfected upon attachment.

84-9-309. Security interest perfected upon attachment. The following security interests are perfected when they attach:(1) A purchase-money security interest in consumer goods, except as otherwise provided in K.S.A. 2021 Supp. 84-9-311(b), and amendments thereto, with respect to consumer goods that are subject to a statute or treaty described in K.S.A. 2021 Supp. 84-9-311(a), and amendments thereto;(2) an assignment of accounts or payment intangibles which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor's outstanding accounts or payment intangibles;(3) a sale of a payment intangible;(4) a sale of a promissory note;(5) a security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services;(6) a security interest arising under K.S.A. 84-2-401, 84-2-505, 84-2-711(3), or 84-2a-508(5), and amendments thereto, until the debtor obtains possession of the collateral;(7) a security interest of a collecting bank arising under K.S.A. 84-4-210, and amendments thereto;(8) a security interest of an issuer or nominated person arising under K.S.A. 84-5-118, and amendments thereto;(9) a security interest arising in the delivery of a financial asset under K.S.A. 2021 Supp. 84-9-206, and amendments thereto;(10) a security interest in investment property created by a broker or securities intermediary;(11) a security interest in a commodity contract or a commodity account created by a commodity intermediary;(12) an assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and(13) a security interest created by an assignment of a beneficial interest in a decedent's estate.History: L. 2000, ch. 142, § 29; July 1, 2001.Revisor's Note:Former section 84-9-309 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-310 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-310 When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.

84-9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply. (a) General rule: Perfection by filing. Except as otherwise provided in subsection (b) and K.S.A. 2021 Supp. 84-9-312(b), and amendments thereto, a financing statement must be filed to perfect all security interests and agricultural liens.(b) Exceptions: Filing not necessary. The filing of a financing statement is not necessary to perfect a security interest:(1) That is perfected under K.S.A. 2021 Supp. 84-9-308(d), (e), (f), or (g), and amendments thereto;(2) that is perfected under K.S.A. 2021 Supp. 84-9-309, and amendments thereto, when it attaches;(3) in property subject to a statute, regulation, or treaty described in K.S.A. 2021 Supp. 84-9-311(a), and amendments thereto;(4) in goods in possession of a bailee which is perfected under K.S.A. 2021 Supp. 84-9-312(d)(1) or (2), and amendments thereto;(5) in certificated securities, documents, goods, or instruments which is perfected without filing, control, or possession under K.S.A. 2021 Supp. 84-9-312(e), (f), or (g), and amendments thereto;(6) in collateral in the secured party's possession under K.S.A. 2021 Supp. 84-9-313, and amendments thereto;(7) in a certificated security which is perfected by delivery of the security certificate to the secured party under K.S.A. 2021 Supp. 84-9-313, and amendments thereto;(8) in deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights which is perfected by control under K.S.A. 2021 Supp. 84-9-314, and amendments thereto;(9) in proceeds which is perfected under K.S.A. 2021 Supp. 84-9-315, and amendments thereto; or(10) that is perfected under K.S.A. 2021 Supp. 84-9-316, and amendments thereto.(c) Assignment of perfected security interest. If a secured party assigns a perfected security interest or agricultural lien, a filing under this article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.History: L. 2000, ch. 142, § 30; L. 2007, ch. 90, § 71; July 1, 2008.Revisor's Note:Former section 84-9-310 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-314 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-314 Perfection by control.

84-9-314. Perfection by control. (a) Perfection by control. A security interest in investment property, deposit accounts, letter-of-credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under K.S.A. 2021 Supp. 84-7-106, and amendments thereto, and K.S.A. 2021 Supp. 84-9-104, 84-9-105, 84-9-106, or 84-9-107, and amendments thereto.(b) Specified collateral: Time of perfection by control; continuation of perfection. A security interest in deposit accounts, electronic chattel paper, letter-of-credit rights, or electronic documents is perfected by control under K.S.A. 2021 Supp. 84-7-106, and amendments thereto, and K.S.A. 2021 Supp. 84-9-104, 84-9-105 or 84-9-107, and amendments thereto, when the secured party obtains control and remains perfected by control only while the secured party retains control.(c) Investment property: Time of perfection by control; continuation of perfection. A security interest in investment property is perfected by control under K.S.A. 2021 Supp. 84-9-106, and amendments thereto, from the time the secured party obtains control and remains perfected by control until:(1) The secured party does not have control; and(2) one of the following occurs:(A) If the collateral is a certificated security, the debtor has or acquires possession of the security certificate;(B) if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or(C) if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.History: L. 2000, ch. 142, § 34; L. 2007, ch. 90, § 74; July 1, 2008.Revisor's Note:Former section 84-9-314 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-315 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-315 Secured party's rights on disposition of collateral and in proceeds.

84-9-315. Secured party's rights on disposition of collateral and in proceeds. (a) Disposition of collateral: continuation of security interest or agricultural lien; proceeds. Except as otherwise provided in this article and in K.S.A. 84-2-403(2), and amendments thereto:(1) A security interest or agricultural lien continues in collateral notwithstanding sale, lease, license, exchange, or other disposition thereof unless the secured party authorized the disposition free of the security interest or agricultural lien; and(2) a security interest attaches to any identifiable proceeds of collateral.(b) When commingled proceeds identifiable. Proceeds that are commingled with other property are identifiable proceeds:(1) If the proceeds are goods, to the extent provided by K.S.A. 2021 Supp. 84-9-336, and amendments thereto; and(2) if the proceeds are not goods, to the extent that the secured party identifies the proceeds by a method of tracing, including application of equitable principles, that is permitted under law other than this article with respect to commingled property of the type involved.(c) Perfection of security interest in proceeds. A security interest in proceeds is a perfected security interest if the security interest in the original collateral was perfected.(d) Continuation of perfection. A perfected security interest in proceeds becomes unperfected on the 21st day after the security interest attaches to the proceeds unless: (1) The following conditions are satisfied:(A) A filed financing statement covers the original collateral;(B) the proceeds are collateral in which a security interest may be perfected by filing in the office in which the financing statement has been filed; and(C) the proceeds are not acquired with cash proceeds;(2) the proceeds are identifiable cash proceeds; or(3) the security interest in the proceeds is perfected other than under subsection (c) when the security interest attaches to the proceeds or within 20 days thereafter.(e) When perfected security interest in proceeds becomes unperfected. If a filed financing statement covers the original collateral, a security interest in proceeds which remains perfected under subsection (d)(1) becomes unperfected at the later of:(1) When the effectiveness of the filed financing statement lapses under K.S.A. 2021 Supp. 84-9-515, and amendments thereto or is terminated under K.S.A. 2021 Supp. 84-9-513, and amendments thereto; or(2) the 21st day after the security interest attaches to the proceeds.History: L. 2000, ch. 142, § 35; July 1, 2001.Revisor's Note:Former section 84-9-315 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-317 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-317 Interests that take priority over or take free of security interest or agricultural lien.

84-9-317. Interests that take priority over or take free of security interest or agricultural lien. (a) Conflicting security interests and rights of lien creditors. A security interest or agricultural lien is subordinate to the rights of:(1) A person entitled to priority under K.S.A. 2021 Supp. 84-9-322, and amendments thereto; and(2) except as otherwise provided in subsection (e), a person that becomes a lien creditor before the earlier of the time:(A) The security interest or agricultural lien is perfected; or(B) on the conditions specified in K.S.A. 2021 Supp. 84-9-203(b)(3), and amendments thereto, is met and a financing statement covering the collateral is filed.(b) Buyers that receive delivery. Except as otherwise provided in subsection (e), a buyer, other than a secured party, of tangible chattel paper, tangible documents, goods, instruments, or a certificated security takes free of a security interest or agricultural lien if the buyer gives value and receives delivery of the collateral without knowledge of the security interest or agricultural lien and before it is perfected.(c) Lessees that receive delivery. Except as otherwise provided in subsection (e), a lessee of goods takes free of a security interest or agricultural lien if the lessee gives value and receives delivery of the collateral without knowledge of the security interest or agricultural lien and before it is perfected.(d) Licensees and buyers of certain collateral. A licensee of a general intangible or a buyer, other than a secured party, of collateral other than tangible chattel paper, tangible documents, goods, instruments or a certificated security takes free of a security interest if the licensee or buyer gives value without knowledge of the security interest and before it is perfected.(e) Purchase-money security interest. Except as otherwise provided in K.S.A. 2021 Supp. 84-9-320 and 84-9-321, and amendments thereto, if a person files a financing statement with respect to a purchase-money security interest before or within 20 days after the debtor receives delivery of the collateral, the security interest takes priority over the rights of a buyer, lessee, or lien creditor which arise between the time the security interest attaches and the time of filing.History: L. 2000, ch. 142, § 37; L. 2002, ch. 159, § 13; L. 2007, ch. 90, § 75; L. 2012, ch. 84, § 6; July 1, 2013.Revisor's Note:Former section 84-9-317 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-318 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-318 No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.

84-9-318. No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers. (a) Seller retains no interest. A debtor that has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equitable interest in the collateral sold.(b) Deemed rights of debtor if buyer's security interest unperfected. For purposes of determining the rights of creditors of, and purchasers for value of an account or chattel paper from, a debtor that has sold an account or chattel paper, while the buyer's security interest is unperfected, the debtor is deemed to have rights and title to the account or chattel paper identical to those the debtor sold.History: L. 2000, ch. 142, § 38; July 1, 2001.Revisor's Note:Former section 84-9-318 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-319 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-319 Rights and title of consignee with respect to creditors and purchasers.

84-9-319. Rights and title of consignee with respect to creditors and purchasers. (a) Consignee has consignor's rights. Except as otherwise provided in subsection (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods identical to those the consignor had or had power to transfer.(b) Applicability of other law. For purposes of determining the rights of a creditor of a consignee, law other than this article determines the rights and title of a consignee while goods are in the consignee's possession if, under this part, a perfected security interest held by the consignor would have priority over the rights of the creditor.History: L. 2000, ch. 142, § 39; July 1, 2001.Revisor's Note:Former section 84-9-319 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.
KS Stat § 84-9-320 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-320 Buyer of goods.

84-9-320. Buyer of goods. (a) Buyer in ordinary course of business. Except as otherwise provided in subsection (e), a buyer in ordinary course of business, other than a person buying farm products from a person engaged in farming operations, takes free of a security interest created by the buyer's seller, even if the security interest is perfected and the buyer knows of its existence.(b) Buyer of consumer goods. Except as otherwise provided in subsection (e), a buyer of goods from a person who used or bought the goods for use primarily for personal, family, or household purposes takes free of a security interest, even if perfected, if the buyer buys:(1) Without knowledge of the security interest;(2) for value;(3) primarily for the buyer's personal, family, or household purposes; and(4) before the filing of a financing statement covering the goods.(c) Effectiveness of filing for subsection (b). To the extent that it affects the priority of a security interest over a buyer of goods under subsection (b), the period of effectiveness of a filing made in the jurisdiction in which the seller is located is governed by K.S.A. 2021 Supp. 84-9-316(a) and (b), and amendments thereto.(d) Buyer in ordinary course of business at wellhead or minehead. A buyer in ordinary course of business buying oil, gas, or other minerals at the wellhead or minehead or after extraction takes free of an interest arising out of an encumbrance.(e) Possessory security interest not affected. Subsections (a) and (b) do not affect a security interest in goods in the possession of the secured party under K.S.A. 2021 Supp. 84-9-313, and amendments thereto.History: L. 2000, ch. 142, § 40; July 1, 2001.
KS Stat § 84-9-321 (2021)
2021 Kansas Statutes|Chapter 84 - Uniform Commercial Code|Article 9 - Secured Transactions|84-9-321 Licensee of general intangible and lessee of goods in ordinary course of business.

84-9-321. Licensee of general intangible and lessee of goods in ordinary course of business. (a) "Licensee in ordinary course of business." In this section, "licensee in ordinary course of business" means a person that becomes a licensee of a general intangible in good faith, without knowledge that the license violates the rights of another person in the general intangible, and in the ordinary course from a person in the business of licensing general intangibles of that kind. A person becomes a licensee in the ordinary course of business if the license to the person comports with the usual or customary practices in the kind of business in which the licensor is engaged or with the licensor's own usual or customary practices.(b) Rights of licensee in ordinary course of business. A licensee in ordinary course of business takes the rights of the licensee under a nonexclusive license free of a security interest in the general intangible created by the licensor, even if the security interest is perfected and the licensee knows of its existence.(c) Rights of lessee in ordinary course of business. A lessee in ordinary course of business takes the leasehold interest free of a security interest in the goods created by the lessor, even if the security interest is perfected and the lessee knows of its existence.History: L. 2000, ch. 142, § 41; July 1, 2001.