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2017 Kansas Statutes
Chapter 9 BANKS AND BANKING; TRUST COMPANIES
Article 12 BANKING CODE; TRANSACTIONS
9-1207 Adverse claim to deposit.
Universal Citation: KS Stat § 9-1207 (2017)
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.
History: L. 1947, ch. 102, § 56; L. 1965, ch. 564, § 400; L. 2015, ch. 38, § 71; July 1.
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