New York Statutes

§ 9-I*2 — Prohibition on depositor of early withdrawal penalty in certain cases

New York·Law BNK Banking·Art. 1 Short Title; Definitions; Miscellaneous Provisions
* § 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

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