9-1301. Deposit insurance; surety bond.
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/ks/chapter-9/9-1301A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
9-1301. Deposit insurance; surety bond. Every bank operating under the provisions of the state banking code and authorized to receive deposits of money shall insure the deposits of each depositor with the federal deposit insurance corporation, or its successor. State banks may purchase surety bond coverage for the purpose of insuring deposits in excess of the federal deposit insurance corporation's coverage limit.