Legislation
SECTION 129
Requirement of notice on withdrawal of certain time deposits; notice to superintendent
Banking (BNK) CHAPTER 2, ARTICLE 3
§ 129. Requirement of notice on withdrawal of certain time deposits;
notice to superintendent. In the event that any bank or trust company
shall elect to require that thirty or more days' notice be given before
time deposits payable only on presentation of a passbook may be
withdrawn the bank or trust company shall upon the day such election is
made notify the superintendent thereof by telephone or telegraph.
notice to superintendent. In the event that any bank or trust company
shall elect to require that thirty or more days' notice be given before
time deposits payable only on presentation of a passbook may be
withdrawn the bank or trust company shall upon the day such election is
made notify the superintendent thereof by telephone or telegraph.