52-508. History: L. 1905, ch. 310, § 65; R.S. 1923, 52-508; Repealed, L. 1965, ch. 564, § 416; January 1, 1966. CASE ANNOTATIONS 1. Fraud, bona fide holder; new trial on inconsistent findings. Underwood v. Fosha, 89 Kan. 768, 776, 133 P. 866. 2. Rights of assignee of holder in due course; actual notice. Underwood v. Fosha, 96 Kan. 240, 245, 150 P. 571. 3. Assignment; when subject to equities and defenses. Stevens v. Keegan, 103 Kan. 79, 82, 172 P. 1025. 4. Note not acquired in due course; same defense as nonnegotiable. Investment Co. v. Fuller, 105 Kan. 395, 397, 184 P. 727. 5. Purchaser from holder in due course protected by latter's title. Trust Co. v. Snelling, 113 Kan. 272, 214 P. 882. 6. Good title subsequent to payee essential where fraud in inception. Weisendanger v. Lind, 114 Kan. 523, 526, 220 P. 263. 7. Assignee of holder in due course takes free of all infirmities. National Bank v. Greathouse, 114 Kan. 903, 220 P. 1053. 8. Purchaser after maturity took subject to preexisting equities. Wilhoit v. Seavall, 121 Kan. 239, 245, 246 P. 1013. 9. Assignment after maturity; defense of accommodation against assignor available against assignee. Barnhill v. Ow, 145 Kan. 696, 707, 67 P.2d 546. 10. Holder of negotiable instrument may sue thereon in own name. Howell v. Flora, 155 Kan. 640, 641, 127 P.2d 721. 11. Purchaser after maturity from holder in due course can recover from accommodation endorser. Toll v. Monitor Binding & Printing Co., 26 F.2d 51. 12. Assignment after maturity; defenses against payee held available against assignee. Alexander v. Young, 65 F.2d 752, 758. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026