Rhode Island § 19-9-20 § 19-9-20. Withdrawal from time deposit accounts.

Rhode Island Statutes

§ 19-9-20 — § 19-9-20. Withdrawal from time deposit accounts.

Rhode Island § 19-9-20

Title 19Financial institutions

Ch. 19-9Community Obligations and Banking Offenses

This text of Rhode Island § 19-9-20 (§ 19-9-20. Withdrawal from time deposit accounts.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 19-9-20 (2026).

Text

§ 19-9-20. Withdrawal from time deposit accounts.
Except as required by federal law, no regulated institution or other insured-deposit-taking
            institutions organized under the laws of the United States shall assess any penalty
            for early withdrawal from any time deposit account if the owner of the account has
            died or been declared mentally incompetent by a court of competent jurisdiction.
         

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§ 19-9-20. Withdrawal from time deposit accounts.

Except as required by federal law, no regulated institution or other insured-deposit-taking institutions organized under the laws of the United States shall assess any penalty for early withdrawal from any time deposit account if the owner of the account has died or been declared mentally incompetent by a court of competent jurisdiction.