Every regulated institution shall provide for charge-free savings accounts to persons aged seventeen (17) years or less; provided, however, that the provisions of this section shall not apply to those accounts having a balance of five hundred dollars ($500) or more.
Charge-free savings accounts for minors
R.I. Gen. Laws § 19-9-17., under Chapter 19-9 Community Obligations and Banking Offenses.
R.I. Gen. Laws § 19-9-17.