Section 11-105-102 - Accounts and interest(1) A state bank may maintain demand, savings, and time deposit accounts and any type of account that a national bank may maintain.(2) Savings deposits shall be repaid to the depositors under such rules as the board of directors of the state bank shall, from time to time, prescribe. Such rules shall be conspicuously exposed in some place accessible and visible in the business office of the state bank. No alterations that may at any time be made in the rules shall in any manner affect the rights of a depositor within the contract period in respect to deposits made previous to such alteration.(3) The banking board may by rule establish the maximum annual rate of interest that a state bank may pay on any type of deposit or account. In the absence of such rule, a state bank shall be subject only to applicable federal law in the payment of interest.L. 2003: Entire article added with relocations, p. 1113, § 3, effective July 1.This section is similar to former § 11-6-102 as it existed prior to 2003.