Kansas Statutes > Chapter 59 > Article 13 – Classification and Payment of Demands
Current as of: 2023 | Check for updates
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Other versions
| § 59-1301 | Classification of demands |
| § 59-1302 | When payment to be made |
| § 59-1303 | Secured demands |
| § 59-1304 | Encumbered assets |
Terms Used In Kansas Statutes > Chapter 59 > Article 13 - Classification and Payment of Demands
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Decedent: A deceased person.
- Executor: includes an administrator where the subject matter applies to an administrator. See Kansas Statutes 77-201
- Executor: A male person named in a will to carry out the decedent
- Legatee: A beneficiary of a decedent
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Property: includes personal and real property. See Kansas Statutes 77-201
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201