Session of 1999
HOUSE BILL No. 2084
By Representative O'Neal
9 AN ACT concerning the uniform commercial code; relating to secured
10 transactions; sale of accounts and chattels; amending K.S.A. 84-9-102
11 and repealing the existing section.
13 Be it enacted by the Legislature of the State of Kansas:
14 Section 1. K.S.A. 84-9-102 is hereby amended to read as follows: 84-
15 9-102. (1) Except as otherwise provided in
section K.S.A. 84-9-104 and
16 amendments thereto on excluded transactions, this article applies:
17 (a) To any transaction
(, regardless of its form ), which is intended to
18 create a security interest in personal property or fixtures including goods,
19 documents, instruments, general intangibles, chattel paper or accounts;
21 (b) to any sale of accounts or chattel paper.
22 (2) This article applies to security interests created by contract in-
23 cluding pledge, assignment, chattel mortgage, chattel trust, trust deed,
24 factor's lien, equipment trust, conditional sale, trust receipt, other lien or
25 title retention contract and lease or consignment intended as security.
26 This article does not apply to statutory liens except as provided in
27 K.S.A. 84-9-310 and amendments thereto.
28 (3) The application of this article to a security interest in a secured
29 obligation is not affected by the fact that the obligation is itself secured
30 by a transaction or interest to which this article does not apply.
31 (4) This article does not prevent the transfer of ownership of accounts
32 or chattel paper. The determination of whether a particular transfer of
33 accounts or chattel paper constitutes a sale or transfer for security pur-
34 poses is not governed by this article.
35 Sec. 2. K.S.A. 84-9-102 is hereby repealed.
36 Sec. 3. This act shall take effect and be in force from and after its
37 publication in the Kansas register.