Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE55 BANKS AND RELATED ORGANIZATIONS |
CHAPTER657. General Provisions |
GENERAL PROVISIONS |
NRS657.064. “Savings deposit” defined.
Latest version.
- “Savings deposit” means a deposit or account:
1. With respect to which the depository institution may require the depositor to give written notice of withdrawal not less than 7 days before a withdrawal, but from which the depositor may otherwise make withdrawals without giving written notice; and
2. Which is not payable on a specific date or at the expiration of a specified time after the date of deposit.
(Added to NRS by 1985, 737)