{"data":{"id":"us-ky/krs-355.3-410","jurisdiction":"us-ky","citation":"KRS 355.3-410","heading":"Acceptance varying draft.","body":"(1) If the terms of a drawee's acceptance vary from the terms of the draft as presented,\nthe holder may refuse the acceptance and treat the draft as dishonored. In that case,\nthe drawee may cancel the acceptance.\n(2) The terms of a draft are not varied by an a cceptance to pay at a particular bank or\nplace in the United States, unless the acceptance states that the draft is to be paid\nonly at that bank or place.\n(3) If the holder assents to an acceptance varying the terms of a draft, the obligation of\neach drawe r and indorser that does not expressly assent to the acceptance is\ndischarged.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33480","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:44Z","sha256":"d28982080e368c0794bb1b37063da228ce8fd506c5ae36526186bacccc6b2711","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.3-409","next":"us-ky/krs-355.3-411"},"notice":"GroundRules: Original legal text. Not legal advice."}
