9-1916. Same; action to enforce liability; evidence.
9-1916
9-1916. Same; action to enforce liability; evidence.In all actions brought for the recovery of any deposits received or debtcreated while any bank was insolvent or in failing circumstances allofficers, agents, and directors of such bank may be joined as defendants orproceeded against severally. The fact that any bank was insolvent or infailing circumstances at the time of the reception of the deposit chargedto have been so received, or the creation of the debt charged to have beenso created, shall be prima facie evidence of such knowledge and assent tosuch deposit or creation of such debt on the part of such officer, agent,or director so charged therewith. This liability may be enforced by andagainst executors and administrators of any deceased officer, director or agent.
History: L. 1947, ch. 102, § 124; L. 1989, ch. 48, § 53; July 1.