{"data":{"id":"us-ky/krs-355.4-501","jurisdiction":"us-ky","citation":"KRS 355.4-501","heading":"Handling of documentary drafts -- Duty to send for presentment and to","body":"notify customer of dishonor.\nA bank that takes a documentary draft for collection shall present or send the draft and\naccompanying documents for presentment and, upon learning tha t the draft has not been\npaid or accepted in due course, shall seasonably notify its customer of the fact even\nthough it may have discounted or bought the draft or extended credit available for\nwithdrawal as of right.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33551","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:45Z","sha256":"14606279538e392beb0f328123dc7ed9d137e16dda52a9aea9f09efc8e0b27d5","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.4-407","next":"us-ky/krs-355.4-502"},"notice":"GroundRules: Original legal text. Not legal advice."}