Assignment carries debt secured

58-2323. Assignment carries debt secured. The assignment of any mortgage as herein provided shall carry with it the debt thereby secured. History: L. 1899, ch. 168, § 5; March 15; R.S. 1923, 67-323. Source or prior law: L. 1897, ch. 160, § 7. Attorney General's Opinions: Mortgage registration fee; exemptions; refinancing mortgage assigned to parent corporation. 93-156. Nonexempt lender who records mortgage assigned by exempt lender is not required to pay mortgage registration fee. 2009-6. CASE ANNOTATIONS 1. Whether mortgagee was required to take legal action to secure rents from mortgaged property before filing bankruptcy examined. In re Kansas Office Associates, Ltd., 173 B.R. 745, 750 (1994). 2. Cited; assignment of any mortgage carries with it the debt thereby secured. Landmark National Bank v. Kesler, 40 Kan. App. 2d 325, 327, 192 P.3d 177 (2008). 3. By statute, assignment of the mortgage carries with it the assignment of the debt. Landmark Nat'l Bank v. Kesler, 289 Kan. 528, 216 P.3d 158 (2009). 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