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  • SECTION 9-I
    Close-out fees prohibited in certain cases
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  • ARTICLE 1
    Short Title; Definitions; Miscellaneous Provisions
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  • SECTION 9-J
    Disposal of records; customer accounts
    • Viewing most recent revision (from 2014-09-22)

    SECTION 9-I*2

    Prohibition on depositor of early withdrawal penalty in certain cases

    Banking (BNK) CHAPTER 2, ARTICLE 1

    * § 9-i. Prohibition on depositor of early withdrawal penalty in
    certain cases. No banking institution, as that term is defined in
    section nine-f of this chapter, shall impose any penalty for the
    repayment of a time deposit prior to maturity where the depositor has
    died or been declared legally incompetent.

    * NB There are 2 § 9-i's