Statute 47-1802: Same; unlawful acts; payment by check, requirements; penalty.
(a) Unless otherwise agreed to in writing between the owner and the
purchaser or their respective agent or representative for each transaction,
it shall be unlawful for any person who purchases livestock for slaughter,
whether acting individually or as an agent or representative of another, to
fail or refuse to make payment by check or wire transfer of funds to the
owner of such livestock, owner's representative, agent or assignee, for
such livestock on the business day within which the ownership of said
livestock is transferred within the state of Kansas, except that if the
transfer of ownership is accomplished after normal banking hours said
payment shall be made in the manner herein provided not later than the
close of the first business day following the transfer of ownership. For
the purposes of this section, where livestock is sold and purchased on a
"grade and yield" basis, the transfer of ownership shall be deemed to have
occurred on the day when the grade and yield is determined.
(b) Whenever payment for livestock purchased for slaughter is made by
check, such check shall be drawn on a banking institution within the same
federal reserve district in which the transaction takes place, unless
otherwise agreed to in writing between the owner and the purchaser or their
respective agent or representative.
(c) Any person violating any of the provisions of this section shall be
deemed guilty of a class B misdemeanor.
History: L. 1975, ch. 279, § 2; July 1.