Delaware Code Title 5 Sec. 1306 – Immunity from liability
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No banking organization and no director, officer or employee of a bank shall be liable to any person for any direct or indirect loss suffered by such person by reason of the organization’s failure or inability to make the organization’s premises and facilities available to such person, or by reason of the banking organization’s failure to perform, or its delay in performing any contractual, statutory or other duty assumed by or imposed upon it in any capacity, when such failure, inability or delay is caused by an emergency as defined by this chapter.
Terms Used In Delaware Code Title 5 Sec. 1306
- Emergency: means any condition which interferes with the conduct of normal business operations at 1 or more of a banking organization's offices, or which poses an imminent or existing threat to the safety and security of persons or property, or both. See Delaware Code Title 5 Sec. 1301