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

Kansas Statutes

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

Kansas § 9-1214

Ch. 9BANKS AND BANKING; TRUST COMPANIES

Art. 12BANKING CODE; TRANSACTIONS

This text of Kansas § 9-1214 (Payment of drafts of failed or closed banks; release from liability) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 9-1214 (2026).

Text

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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