17-5569. Same; unauthorized transactions; liability. - Kansas Statutes

17-5569

Chapter 17.--CORPORATIONS Article 55.--SAVINGS AND LOAN CODE; POWERS

      17-5569.   Same; unauthorized transactions; liability. The amount of a depositor's liability for an unauthorized transaction or a series of unauthorized transactions by a machine readable instrument shall not exceed $50, unless the depositor fails to notify the savings and loan association within four business days after learning of the loss or theft of the machine readable instrument, then the depositor's liability shall not exceed $300.

      History:   L. 1975, ch. 128, § 6; L. 1987, ch. 55, § 2; July 1.