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Session Laws, 1987
Volume 769, Page 3422   View pdf image
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Ch. 768                                    LAWS OF MARYLAND

(2) IF A JOINT PERSONAL ACCOUNT IS CLOSED AT A
PARTICULAR BANK AND AN INDIVIDUAL PERSONAL ACCOUNT IS OPENED AT
THE SAME BANK BY ONE OF THE CUSTOMERS WHO PREVIOUSLY WAS INCLUDED
UNDER THE JOINT ACCOUNT, THEN THE NUMERICAL MONTH AND YEAR
PRINTED ON THE FACE OF THE CHECKS SHALL BE THE NUMERICAL MONTH
AND YEAR IN WHICH THE JOINT ACCOUNT WAS ESTABLISHED.

(3) IF A CUSTOMER WITH AN INDIVIDUAL PERSONAL ACCOUNT
OR WITH A JOINT PERSONAL ACCOUNT OPENS AN ADDITIONAL ACCOUNT AT
THE SAME BANK, THEN THE NUMERICAL MONTH AND YEAR PRINTED ON THE
FACE OF THE CHECKS SHALL BE THE NUMERICAL MONTH AND YEAR IN WHICH
THE INITIAL ACCOUNT WAS ESTABLISHED.
                                                   

(B)(1) IN THE CASE OF A PERSONAL CHECKING ACCOUNT THAT
IS CLOSED AND A NEW PERSONAL CHECKING ACCOUNT OPENED
SIMULTANEOUSLY ON THE ADVICE OF THE BANK, THE CHECKS FOR THE NEW
ACCOUNT SHALL HAVE THE NUMERICAL MONTH AND YEAR IN WHICH THE
CLOSED ACCOUNT WAS ORIGINALLY OPENED PRINTED ON THE FACE OF THE
CHECKS.

(2) (5) IF THE CLOSED ACCOUNT WAS OPENED PRIOR TO
JULY 1, 1987, A DATE IS NOT REQUIRED TO BE PRINTED ON THE CHECKS.

(C) A CHECK, DRAFT, OR ORDER PROVIDED ON THE OPENING OF ANY
PERSONAL CHECKING ACCOUNT FOR USE BY THE CUSTOMER UNTIL PRINTED
CHECKS HAVE BEEN PREPARED IS NOT REQUIRED TO HAVE THE NUMERICAL
MONTH AND YEAR IN WHICH THE ACCOUNT WAS OPENED PRINTED ON THE
FACE OF THE CHECK, DRAFT, OR ORDER.

(D) (1) THE BANKING INSTITUTION AND THE CHECK PRINTER MAY
NOT BE HELD LIABLE FOR UNINTENTIONAL ERRORS IN THE MONTH AND YEAR
PRINTED ON THE FACE OF THE CHECKS.

(2) THE CUSTOMER MAY NOT BE CHARGED FOR THE
REPRINTING OF THE CHECKS WHEN THE CHECKS ARE REPRINTED DUE TO
ERROR IN THE MONTH AND YEAR PRINTED ON THE FACE OF THE CHECKS.

6-404.

(A)  ANY SHARE DRAFTS PROVIDED DIRECTLY OR INDIRECTLY BY A
CREDIT UNION FOR USE IN CONNECTION WITH A PERSONAL ACCOUNT SHALL
HAVE THE NUMERICAL MONTH AND YEAR IN WHICH THE ACCOUNT WAS OPENED
PRINTED ON THE FACE OF THE DRAFTS, EXCEPT AS PROVIDED IN
SUBSECTION (B) OF THIS SECTION.

(B)   THE PROVISIONS OF SUBSECTION (A) OF THIS SECTION SHALL
NOT APPLY UNDER CERTAIN CONDIT1ONS:                                                

(1) IF AN INDIVIDUAL PERSONAL ACCOUNT IS CLOSED AT A
PARTICULAR CREDIT UNION AND A JOINT PERSONAL ACCOUNT IS OPENED AT
THE SAME CREDIT UNION THAT INCLUDES ONE OF THE CUSTOMERS WHO
PREVIOUSLY HAD THE INDIVIDUAL PERSONAL ACCOUNT, THEN THE
NUMERICAL MONTH AND YEAR PRINTED ON THE FACE OF THE SHARE DRAFTS

- 3422 -

 

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Session Laws, 1987
Volume 769, Page 3422   View pdf image
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