9-1214. Same; release from liability. - Kansas Statutes

9-1214

Chapter 9.--BANKS AND BANKING; TRUST COMPANIES Article 12.--BANKING CODE; TRANSACTIONS

      9-1214.   Same; release from liability. Any bank paying a draft under the circumstances set out in K.S.A. 9-1213 shall be released from any further liability thereon, and shall be fully protected and held harmless from any claim made by the receiver or other liquidating agent of said failed or closed bank for sums representing payments made on said draft.

      History:   L. 1955, ch. 66, § 2; June 30.