Legislation
SECTION 289-A
Immunity of trustee and member savings banks
Banking (BNK) CHAPTER 2, ARTICLE 6-B
§ 289-a. Immunity of trustee and member savings banks. The trustee
shall in no event be individually liable for anything done or any
liability incurred or assumed by virtue hereof, and any such liability
shall be collectible only out of the fund, nor shall any member bank be
subject to any liability except for its unpaid contributions to the
fund.
shall in no event be individually liable for anything done or any
liability incurred or assumed by virtue hereof, and any such liability
shall be collectible only out of the fund, nor shall any member bank be
subject to any liability except for its unpaid contributions to the
fund.