N.Y. Comp. Codes R. & Regs. tit. 3 § 3.2
Current through Register Vol. 46, No. 53, December 31, 2024
Compliance would be effected if the following appears in each passbook, or other evidence of deposit, in clear and prominent type of stamping, printing or otherwise:
"A minimum balance of $ must be maintained in this account until the end of each interest/dividend period in which a withdrawal is made. Failure to maintain such minimum balance will result in foreiture or interest/dividends on withdrawals up to the date that the balance falls below the minimum balance."
N.Y. Comp. Codes R. & Regs. Tit. 3 § 3.2