§ 4-601. Withdrawal of deposits

Latest version.

   (a) Bylaws govern. -- A depositor of a savings bank may withdraw the deposit as the bylaws of the savings bank permit.

(b) Permissible bylaws. -- The bylaws of a savings bank:

   (1) May require a depositor to give notice of an intent to withdraw any part of a deposit; and

   (2) May not require more than 90 days' notice.

HISTORY: An. Code 1957, art. 11, § 41; 1980, ch. 33, § 2; 1982, ch. 882.

                    
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