{"data":{"id":"us-ks/k.s.a.-84-8-508","jurisdiction":"us-ks","citation":"K.S.A. 84-8-508","heading":"Duty of securities intermediary to change entitlement holder's position to other form of security holding.","body":"A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:\n(a) The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or\n(b) in the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["Chapter 84.—UNIFORM COMMERCIAL CODE","Article 8.—INVESTMENT SECURITIES"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch84/084_008_0508.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:15:37Z","sha256":"6c8e11b8562ae3a53b74ebb61b6653b476d5104b5b1a2b11b7c92ffcbd6dfcbd","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-84-8-507","next":"us-ks/k.s.a.-84-8-509"},"notice":"GroundRules: Original legal text. Not legal advice."}