Kansas Statutes

§ 9-1214 — Payment of drafts of failed or closed banks; release from liability

Kansas·Ch. 9 BANKS AND BANKING; TRUST COMPANIES·Art. 12 BANKING CODE; TRANSACTIONS
Any drawee bank paying a draft under the circumstances set out in K.S.A. 9-1213, and amendments thereto, 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 the failed or closed drawer bank for sums representing payments made on the draft.

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Related

§ 9-1213
Kansas § 9-1213

Legislative History

L. 1955, ch. 66, § 2; L. 2015, ch. 38, § 73; July 1.

Nearby Sections

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