New York Banking Code § 9-I*2

Prohibition on depositor of early withdrawal penalty in certain cases
Open in Lexace · Ask the AI about this section
* § 9-i. Prohibition on depositor of early withdrawal penalty in\ncertain cases. No banking institution, as that term is defined in\nsection nine-f of this chapter, shall impose any penalty for the\nrepayment of a time deposit prior to maturity where the depositor has\ndied or been declared legally incompetent.\n  * NB There are 2 § 9-i's\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.