NOW account

(A) Is subject to check, draft, negotiable order of withdrawal, share draft, or similar item, such as an account authorized by 12 U.S.C. 1832(a) (NOW account) and a savings deposit described in 204.2(d)(2), provided that the depositor is eligible to hold a NOW account; or

Source

12 CFR § 204.2

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Scoping language

For purposes of this part, the following definitions apply unless otherwise specified:

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