§ 602. Deposits--receipts, notice of rules and binding effect of statements
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking
7 P.S. § 602
§ 602. Deposits--receipts, notice of rules and binding effect of statements
(b) Notice of rules--An institution which has adopted rules governing deposits or withdrawal of deposits shall give notice of the rules and of all changes therein to each customer whose deposits are affected by such rules, either by delivery of a copy to such customer or by posting in the offices of the institution.
(c) Statements--If an institution renders an accounting to a depositor by giving the depositor a statement of the account or by entries in a pass-book delivered to the depositor to show the condition of the account and if there is no objection to the accounting by the depositor, such accounting shall after a period of three years from the date it is rendered become final and binding. This provision is in addition to other statutory provisions affecting the duty of a depositor to examine statements and items paid from his account.
Credits
1965, Nov. 30, P.L. 847, No. 356, § 602.
7 P.S. § 602, PA ST 7 P.S. § 602
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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