SENATE BILL No. 88
An Act concerning the uniform commercial code;
relating to secured transactions; sale of
accounts and chattel paper; amending K.S.A. 84-9-102 and
repealing the existing section.
Be it enacted by the Legislature of the State of Kansas:
Section 1. K.S.A. 84-9-102 is
hereby amended to read as follows:
84-9-102. (1) Except as otherwise provided in
section K.S.A. 84-9-104
and amendments thereto on excluded transactions, this
(a) To any transaction
(, regardless of its
form ), which is intended to
create a security interest in personal property or fixtures
documents, instruments, general intangibles, chattel paper or
(b) to any sale of accounts or chattel
(2) This article applies to security
interests created by contract in-
cluding pledge, assignment, chattel mortgage, chattel trust, trust
factor's lien, equipment trust, conditional sale, trust receipt,
other lien or
title retention contract and lease or consignment intended as
This article does not apply to statutory liens except as provided
K.S.A. 84-9-310 and amendments thereto.
(3) The application of this article to a
security interest in a secured
obligation is not affected by the fact that the obligation is
by a transaction or interest to which this article does not
(4) This article does not prevent the
transfer of ownership of accounts
or chattel paper. The determination of whether a particular
accounts or chattel paper constitutes a sale or transfer for
poses is not governed by this article. This is a declaration of
of the uniform commercial code as originally adopted.
Sec. 2. K.S.A. 84-9-102 is hereby
Sec. 3. This act shall take effect
and be in force from and after its
publication in the Kansas register.
Approved April 3, 1999.
Published in the Kansas Register April 15, 1999.