It shall be unlawful for any regulated institution or other insured-deposit-taking institution duly organized under the laws of the United States, to charge any service charge whatsoever for the holding of passbook savings deposits or accounts.
R.I. Gen. Laws § 19-9-21
Passbook savings accounts — Service charge prohibited
P.L. 1995, ch. 82, § 47.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.