Attorney General Opinion No. 1981-250

Download or read book Attorney General Opinion No. 1981-250 written by Robert T. Stephan and published by . This book was released on 1981 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to K.S.A. 58-207, a person who provides feed to livestock has a lien upon such livestock to the extent of the value given, but only if such person remains in actual possession of the animals. A merchant who sells feed to a livestock producer on open account has no such statutory lien, and has the status of an unsecured creditor until such time as the merchant perfects a security interest under the provisions of Article 9 of the Kansas Uniform Commercial Code, K.S.A. 84a-9-101 e̲t̲ s̲e̲q̲. Cited herein: K.S.A. 58-201, 58-203, 58-207, 58-208, 58-218, 58-220, 84-9-109, K.S.A. 1980 Supp. 84-9-301, K.S.A. 84-9-310, K.S.A. 1980 Supp. 84-9-312, 84-9-401, 84-9-402.