Revised Code of Washington - RCW Title 32 Mutual Savings Banks - Section 32.12.025 Withdrawals by savings bank's drafts in accordance with depositor's instructions authorized

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

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.

[1967 c 145 § 3.]

Sections:  Previous  32.12.010  32.12.020  32.12.025  32.12.050  32.12.070  32.12.080  32.12.090  32.12.120  Next

Last modified: April 7, 2009