Code of Federal Regulations · Section
§ 390.290 — Demand Accounts
12 C.F.R. § 390.290
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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.
Authorizing Statute
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Corporate powers12 U.S.C. § 1819
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Definitions and application15 U.S.C. § 78c
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Definitions12 U.S.C. § 1462
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Administrative provisions12 U.S.C. § 1462a