Kan. Stat. § 9-1207

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4

Section 9-1207 - Adverse claim to deposit

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.

K.S.A. 9-1207

Amended by L. 2015, ch. 38,§ 71, eff. 7/1/2015.

L. 1947, ch. 102, § 56; L. 1965, ch. 564, § 400; Jan. 1, 1966.