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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 12 - Banks and Banking |
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Chapter V - Office of Thrift Supervision, Department of the Treasury |
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Part 561 - Definitions for Regulations Affecting All Savings Associations |
§ 561.42 - Savings account.
Latest version.
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§ 561.42 Savings account.
The term savings account means any withdrawable account, except a demand account as defined in § 561.16 of this chapter, a tax and loan account, a note account, a United States Treasury general account, or a United States Treasury time deposit-open account.
[54 FR 49545, Nov. 30, 1989, as amended at 62 FR 54765, Oct. 22, 1997]