{"data":{"id":"us-ky/krs-355.3-412","jurisdiction":"us-ky","citation":"KRS 355.3-412","heading":"Obligation of issuer of note or cashier's check.","body":"The issuer of a note or cashier's check or other draft drawn on the drawer is obliged to pay\nthe instrument:\n(1) According to its terms at the time it was issued or, if not issued, at the time it first\ncame into possession of a holder; or\n(2) If the issuer  signed an incomplete instrument, according to its terms when\ncompleted, to the extent stated in KRS 355.3-115 and 355.3-407.\nThe obligation is owed to a person entitled to enforce the instrument or to an indorser\nwho paid the instrument under KRS 355.3-415.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33482","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:44Z","sha256":"7f0fbb8bb814248e48c27aab583e94e1a32c451e6632d06cf9f6f62ec1be6c83","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.3-411","next":"us-ky/krs-355.3-413"},"notice":"GroundRules: Original legal text. Not legal advice."}