Statute · New York Banking Law
N.Y. Banking Law § 129 — Requirement of notice on withdrawal of certain time deposits; notice to superintendent
N.Y. Banking Law § 129
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 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that thirty or more days' notice be given before time deposits payable only on presentation of a passbook may be withdrawn the bank or…
Citator
N.Y. Banking Law § 129 — Requirement of notice on withdrawal of certain time deposits; notice to superintendent is in force in the current edition of the Code, and nothing recorded condemns it.
§ 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that thirty or more days' notice be given before time deposits payable only on presentation of a passbook may be withdrawn the bank or trust company shall upon the day such election is made notify the superintendent thereof by telephone or telegraph.