Court of Appeals for the Tenth Circuit June 26, 1992, 91-3190 (In Re Sylvia Delgado, Debtor. Arkansas Valley State Bank v. Sylvia Delgado, Kansas Bankers Association, Amicus Curiae)

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United States · · · 26-06-1992

BALDOCK, Circuit Judge.

At issue in this appeal is whether a bank’s security interest in a certificate of deposit (representing proceeds from a lump sum workmen’s compensation settlement) is enforceable under the Kansas statute prohibiting assignment of workmen’s compensation benefits, Kan.Stat.Ann. § 44-514 (1986).

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