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Current as of January 01, 2023 | Updated by FindLaw Staff
An adverse claim to a bank deposit does not need to be paid out by the bank, unless and until either the:
(a) Person making the claim supplies indemnity deemed adequate by the bank; or
(b) bank is served with process or order issued by a court of competent jurisdiction in an action in which the adverse claimant and the person or persons nominally entitled to the deposit are parties.
Cite this article: FindLaw.com - Kansas Statutes Chapter 9. Banks and Banking; Trust Companies § 9-1207. Adverse claim to deposit - last updated January 01, 2023 | https://codes.findlaw.com/ks/chapter-9-banks-and-banking-trust-companies/ks-st-sect-9-1207/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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