17-5569. Same; unauthorized transactions; liability.
17-5569
17-5569. Same; unauthorized transactions; liability.
The amount of a depositor's liability for an unauthorized transaction or
a series of unauthorized transactions by a machine readable instrument
shall not exceed $50, unless the depositor fails to notify the savings and
loan association within
four business days after learning of the loss or theft of the machine
readable instrument, then the depositor's liability shall not exceed $300.
History: L. 1975, ch. 128, § 6;
L. 1987, ch. 55, § 2; July 1.