business

business. Requirements relating to depositors; nature of (a) No depositor shall maintain an account with a special purpose depository institution or otherwise receive any services from the institution unless the depositor meets the criteria of this subsection. A depositor shall: (i) Repealed by Laws 2025, ch. 150, § 3. (ii) Repealed by Laws 2025, ch. 150, § 3. (iii) Maintain deposits with the institution totaling not less than one thousand dollars ($1,000.00). A depositor shall not be deemed in violation of this paragraph unless the total deposit amount is less than one thousand dollars ($1,000.00) for five (5) or more consecutive business days; (iv) Repealed by Laws 2025, ch. 150, § 3. (v) Make sufficient evidence available to the special purpose depository institution to enable compliance with antimoney laundering, customer identification and beneficial ownership requirements, as determined by the institution. (b) Repealed by Laws 2020, ch. 27, § 2. (c) Repealed by Laws 2025, ch. 150, § 3. (d) Repealed by Laws 2025, ch. 150, § 3.