Washington § 32.12.025 Withdrawals by savings bank's drafts in accordance with depositor's instructions authorized.

Washington Statutes

§ 32.12.025 — Withdrawals by savings bank's drafts in accordance with depositor's instructions authorized.

Washington § 32.12.025

Title 32WASHINGTON SAVINGS BANK ACT

Ch. 32.12DEPOSITS—EARNINGS—DIVIDENDS—INTEREST

This text of Washington § 32.12.025 (Withdrawals by savings bank's drafts in accordance with depositor's instructions authorized.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 32.12.025 (2026).

Text

Subject to the provisions of RCW 32.12.020 (1), a savings bank may, on instructions from a depositor, effect withdrawals from a savings account by the savings bank's drafts payable to parties and on terms as so instructed; to the extent of the subjection of accounts to such withdrawal instruction, such accounts may be specifically classified under RCW 32.12.090 (2) and ineligible to receive interest or eligible only for limited interest.

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Subject to the provisions of RCW 32.12.020 (1), a savings bank may, on instructions from a depositor, effect withdrawals from a savings account by the savings bank's drafts payable to parties and on terms as so instructed; to the extent of the subjection of accounts to such withdrawal instruction, such accounts may be specifically classified under RCW 32.12.090 (2) and ineligible to receive interest or eligible only for limited interest.