Delaware § 1306 Immunity from liability

Delaware Statutes

§ 1306 — Immunity from liability

Delaware § 1306

Title5

PartBanks and Trust Companies

Ch. 13Banking Organization’s Power to Close Offices on Holidays and During Emergencies

This text of Delaware § 1306 (Immunity from liability) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 5, § 1306 (2026).

Text

No banking organization and no director, officer or employee of a bank shall be liable to any person for any direct or indirect loss suffered by such person by reason of the organization’s failure or inability to make the organization’s premises and facilities available to such person, or by reason of the banking organization’s failure to perform, or its delay in performing any contractual, statutory or other duty assumed by or imposed upon it in any capacity, when such failure, inability or delay is caused by an emergency as defined by this chapter.

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No banking organization and no director, officer or employee of a bank shall be liable to any person for any direct or indirect loss suffered by such person by reason of the organization’s failure or inability to make the organization’s premises and facilities available to such person, or by reason of the banking organization’s failure to perform, or its delay in performing any contractual, statutory or other duty assumed by or imposed upon it in any capacity, when such failure, inability or delay is caused by an emergency as defined by this chapter.