2025 Kansas Statutes
Chapter 84 - Uniform Commercial Code
Article 9 - Secured Transactions
84-9-332 Transfer of money; transfer of funds from deposit account.
84-9-332.
Transfer of money; transfer of funds from deposit account.
(a)
Transferee of money.
A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(b) Transferee of funds from deposit account. A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
History: L. 2000, ch. 142, ยง 52; July 1, 2001.