84-3-102. Subject matter. (a) This article applies to negotiable instruments. It does not apply to money, to payment orders governed by article 4a, or to securities governed by article 8.
(b) If there is conflict between this article and article 4 or 9, articles 4 and 9 govern.
(c) Regulations of the board of governors of the federal reserve system and operating circulars of the federal reserve banks supersede any inconsistent provision of this article to the extent of the inconsistency.
History: L. 1991, ch. 296, § 2; February 1, 1992.
KANSAS COMMENT, 1996
This provision is new, specifying the scope of Article 3. The provisions of subsections (1)(a) and (b) used to be contained in 84-3-103. A complete listing of all provisions added, deleted or moved is contained in the full 1990 Official Text of Article 3. The present section is derived from the former 84-3-103.
This provision is necessary in order to coordinate Article 3 with other articles in the Code. In spite of the exclusions, however, the rules governing other types of instruments are often quite similar to those found in Article 3.
Revisor's Note:
Former section 8-3-102 was repealed by L. 1991, ch. 296, § 111 and the number reassigned to the current text.
CASE ANNOTATIONS
1. On certified question (K.S.A. 60-3201 et seq.) whether article 4 of Kansas U.C.C. applies to electronic fund transfers examined. Sinclair Oil Corp. v. Sylvan State Bank, 254 Kan. 836, 843, 869 P.2d 675 (1994).
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