7 Pa. Stat. § 503

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 503 - Deposits

An institution may receive money for deposit and may provide by rules of the institution or by agreement with the depositor for the terms of withdrawal thereof and for payment of interest thereon for the period of the deposit and an additional period not in excess of fifteen calendar days in any one month or such longer time as the department may provide by regulation.

7 P.S. § 503

1965, Nov. 30, P.L. 847, No. 356, § 503. Amended 1986, Dec. 18, P.L. 1702, No. 205, § 4, effective in 60 days.