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28.1611 Liability of Bank ceases on payment to Treasurer.

Cite as [A.S.C.A. § 28.1611]

No Bank which must pay over to the Treasurer any unclaimed bank deposit shall be held liable to any claimant having or asserting any right, title or interest in or to the same personally or in any capacity whatsoever; and no action or proceedings of any kind for the recovery of money represented thereby, or any part thereof, shall lie against such bank.

History: 1988, PL 20-64.