{"data":{"id":"us-ks/k.s.a.-84-1-204","jurisdiction":"us-ks","citation":"K.S.A. 84-1-204","heading":"Value.","body":"Except as otherwise provided in articles 3 and 4 of chapter 84 of the Kansas Statutes Annotated, and amendments thereto, a person gives value for rights if the person acquires them:\n(1) In return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;\n(2) as security for, or in total or partial satisfaction of, a preexisting claim;\n(3) by accepting delivery under a preexisting contract for purchase; or\n(4) in return for any consideration sufficient to support a simple contract.","path":["Chapter 84.—UNIFORM COMMERCIAL CODE","Article 1.—GENERAL PROVISIONS"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch84/084_001_0204.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:15:31Z","sha256":"f0de6fd172208ef7577d42cfb399fa2596b1f710b4d14eb903a381b3431a0709","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-84-1-203","next":"us-ks/k.s.a.-84-1-205"},"notice":"GroundRules: Original legal text. Not legal advice."}