New York Banking Code § 129

Requirement of notice on withdrawal of certain time deposits; notice to superintendent
Open in Lexace · Ask the AI about this section
§ 129. Requirement of notice on withdrawal of certain time deposits;\nnotice to superintendent. In the event that any bank or trust company\nshall elect to require that thirty or more days' notice be given before\ntime deposits payable only on presentation of a passbook may be\nwithdrawn the bank or trust company shall upon the day such election is\nmade notify the superintendent thereof by telephone or telegraph.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.