12 CFR 561.31 - Nonwithdrawable account.

§ 561.31 Nonwithdrawable account.
The term nonwithdrawable account means an account which by the terms of the contract of the accountholder with the savings association or by provisions of state law cannot be paid to the accountholder until all liabilities, including other classes of share liability of the savings association have been fully liquidated and paid upon the winding up of the savings association is referred to as a nonwithdrawable account.

Title 12 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 12 CFR Part 561.

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United States Code