{"data":{"id":"us-ks/k.s.a.-84-4-504","jurisdiction":"us-ks","citation":"K.S.A. 84-4-504","heading":"Privilege of presenting bank to deal with goods; security interest for expenses.","body":"(a) A presenting bank that, following the dishonor of a documentary draft, has seasonably requested instructions but does not receive them within a reasonable time may store, sell, or otherwise deal with the goods in any reasonable manner.\n(b) For its reasonable expenses incurred by action under subsection (a), the presenting bank has a lien upon the goods or their proceeds, which may be foreclosed in the same manner as an unpaid seller's lien.","path":["Chapter 84.—UNIFORM COMMERCIAL CODE","Article 4.—BANK DEPOSITS AND COLLECTIONS"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch84/084_004_0504.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:15:35Z","sha256":"5eb506683e87d1074afa8430f016a7f0da4f70d4f4c83171f97b686fdca241af","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-84-4-503","next":"us-ks/k.s.a.-84-4a-101"},"notice":"GroundRules: Original legal text. Not legal advice."}
