N.Y. BNK Law § 9-I*2
This is the official text of N.Y. BNK Law § 9-I*2, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.
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Prohibition on depositor of early withdrawal penalty in certain cases
Official statutory text
* § 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
Status: in_force · Read it on the official government site
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