"Deposit Account"

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Sec. 5. "Deposit account" means an account made by a depositor, either individually or jointly with another person, with a depository financial institution. The term includes the following accounts:

(1) Share.

(2) Share draft.

(3) Share certificate.

(4) Draft.

(5) Certificate of deposit.

(6) Savings.

(7) Passbook.

(8) Checking.

(9) Money market.

(10) Transaction.

(11) Time deposit.

(12) Savings deposit.

(13) Accounts similar to those listed in subdivisions (1) through (12).

As added by P.L.258-1989, SEC.2.


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