RSA 384-H:13: Term and Termination.
Where this section sits in the code
- Title XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
- Chapter 384-H: UNIFORM SPECIAL DEPOSITS ACT
I. Unless otherwise provided in the account agreement, a special deposit shall terminate 5 years after the date the special deposit was first funded.
II. Unless otherwise provided in the account agreement, if the bank cannot identify or locate a beneficiary entitled to payment when the special deposit is terminated, and a balance remains in the special deposit, the bank shall pay the balance to the depositor or depositors as a beneficiary or beneficiaries.
III. A bank that pays the remaining balance as provided in this chapter has no further obligation with respect to the special deposit.
Collected 2026-10-11T05:51:49Z. Source file · JSON