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Code · Kansas · Chapter 84 — Uniform Commercial Code

84-7-507. Warranties on negotiation or delivery of document of title.

108 words·~1 min read·/ks/chapter-84/84-7-507

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84-7-507. Warranties on negotiation or delivery of document of title. If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under K.S.A. 2025 Supp. 84-7-508 , and amendments thereto, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:
(1)The document is genuine;
(2)the transferor does not have knowledge of any fact that would impair the document's validity or worth; and
(3)the negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.
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