§ 4-A. Banks to display signs.
124 words·~1 min read·
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§ 4-a. Banks to display signs. Every banking organization having as
its purpose or among its purposes the receipt of deposits, shall
continuously display a sign, or signs, as prescribed by the
superintendent of financial services, at each station or window within
the state where deposits are usually and normally received in its
principal place of business and in all its branches indicating whether
deposits are insured, and if insured the name of the insurer and the
extent to which each depositor is insured. Signs in non-insured banking
organizations shall clearly and legibly state "DEPOSITS NOT INSURED",
all in letters of the same size and character. No sign shall appear in
any non-insured bank with regard to insurance or deposits except as
herein prescribed.