Section 289-A. Immunity of trustee and member savings banks  


Latest version.
  • The trustee
      shall in no event be  individually  liable  for  anything  done  or  any
      liability  incurred  or assumed by virtue hereof, and any such liability
      shall be collectible only out of the fund, nor shall any member bank  be
      subject  to  any  liability  except  for its unpaid contributions to the
      fund.