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Home » US Law » 2022 New York Laws » Consolidated Laws » BNK - Banking » Article 1 - Short Title; Definitions; Miscellaneous Provisions. » 9-I*2 – Prohibition on Depositor of Early Withdrawal Penalty in Certain Cases.

* § 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