Passbook savings accounts — Service charge prohibited

R.I. Gen. Laws § 19-9-21., under Chapter 19-9 Community Obligations and Banking Offenses.

R.I. Gen. Laws § 19-9-21.

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.