New York Statutes

§ 129 — Requirement of notice on withdrawal of certain time deposits; notice to superintendent

New York·Law BNK Banking·Art. 3 Banks and Trust Companies
§ 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

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