Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 32. WASHINGTON SAVINGS BANK ACT |
Chapter 32.12. Deposits—Earnings—Dividends—Interest. |
Section 32.12.025. Withdrawals by savings bank's drafts in accordance with depositor's instructions authorized.
Latest version.
- 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.