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Deposit Protection Act · s 61
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Deposit Protection Act · s 61
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Payment under this Chapter by the Corporation in respect of any protected deposit discharges the Corporation from all liabilities to the extent of the amount of the payment made in respect of that deposit, and in no case is the Corporation under any obligation to see to the proper application in any way of the payment so made.