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Kansas Statutes Chapter 9. Banks and Banking; Trust Companies § 9-1214. Payment of drafts of failed or closed banks; release from liability

Current as of January 01, 2025 | Updated by Findlaw Staff

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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Cite this article: FindLaw.com - Kansas Statutes Chapter 9. Banks and Banking; Trust Companies § 9-1214. Payment of drafts of failed or closed banks; release from liability - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-9-banks-and-banking-trust-companies/ks-st-sect-9-1214/

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