12 CFR 390.290

§ 390.290 Demand accounts.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 390.290, § 390.290 Demand accounts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47256
Permanent ID: ys:prov:47256@1
SHA-256: e35b20d5a3c9c04c2665ec5a6134605672f0ce1bcef49de3a95c23cb1a9f99ae

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Full text

The term demand accounts means non-interest-bearing demand deposits that are subject to check or to withdrawal or transfer on negotiable or transferable order to the State savings association and that are permitted to be issued by statute, regulation, or otherwise and are payable on demand.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.