HARRY HUGHES, Governor
1151
A person may not willfully or knowingly make, circulate,
send, cause, aid, procure, permit to be made, circulated, or sent
any false statement about a savings and loan association.
(c) Penalty.
Any person who violates this section is guilty of a
misdemeanor, and on conviction is subject to a fine of not more
than $1,000 or by imprisonment for not more than 1 year, or
both.]
9-908. Termination of certain provisions of this title.
Subject to the evaluation and reestablishment provisions of
the Program Evaluation Act, the provisions of [§§ 9-101(b) and
(f), 9-102(b), 9-205, 9-206, 9-207, 9-208, 9-209, 9-210, 9-212,
9-213, 9-217, 9-218, 9-219(c)(3), 9-221, 9-223, 9-302, 9-306,
9-307, 9-308, 9-309, 9-310, 9-314, 9-320, 9-321, 9-323, 9-327,
9-402, 9-405, 9-408, 9-419, 9-420, 9-421, 9-427, 9-428, 9-502,
9-503, 9-504, 9-601, 9-602, 9-604, 9-605, 9-606, 9-608, 9-609,
9-610, 9-618, 9-620, 9-621, 9-622, 9-623, 9-624, 9-627, 9-628,
9-629, 9-630, 9-701, 9-702, 9-704, 9-705, 9-708, 9-803, and 9-905
of] this title that relate to the Board of Savings and Loan
Association Commissioners and the Division of Savings and Loan
Associations and that relate to the regulation of savings and
loan associations are of no effect and may not be enforced after
July 1, 1992.
9-909. Notice.
(a) Payor institution.
In this section, "payor institution" means a bank, credit
union, or savings and loan association by which an item is
payable as drawn or accepted.
(b) Item payable by institution.
As to each account of each depositor in a savings and loan
association, the savings and loan association shall give to the
customer, on opening of the account and on any later demand of
the customer, written notice of the time after which the funds
represented by an item deposited to the account shall be
available for withdrawal as of right, for each of the situations
where the association:
(1) Is also the payor institution;
(2) Is located in the same state as the payor
institution; and
(3) Is located in a different state from that in
which the payor institution is located.
(c) Item issued by government.
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