{"data":{"id":"us-ky/krs-355.4-209","jurisdiction":"us-ky","citation":"KRS 355.4-209","heading":"Encoding and retention warranties.","body":"(1) A person who encodes information on or with respect to an item after issue warrants\nto any subsequent collecting bank and to the payor bank or other payor that the\ninformation is correctly encoded. If the customer of a depositary bank encodes, that\nbank also makes the warranty.\n(2) A person who undertakes to retain an item pursuant to an agreement for electronic\npresentment warrants to any subsequent collecting bank and to the payor bank or\nother payor that retention and presentment of the item comply with the agreement.\nIf a customer of a depositary bank undertakes to retain an item, that bank also\nmakes this warranty.\n(3) A  person to whom warranties are made under this section and who took the item in\ngood faith may recover from the warrantor as damages f or breach of warranty an\namount equal to the loss suffered as a result of the breach, plus expenses and loss of\ninterest incurred as a result of the breach.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33533","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:45Z","sha256":"68e1127a4298e57a5397261c61deb67eba93ba5751114a286337186a050602b3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.4-208","next":"us-ky/krs-355.4-210"},"notice":"GroundRules: Original legal text. Not legal advice."}