American Samoa § 28.1603 - Fees or charges on inactive or dormant savings or time deposit account.
Full text of American Samoa American Samoa Code Annotated § 28.1603 — Fees or charges on inactive or dormant savings or time deposit account., with citation guidance and answers to common questions.
§ 28.1603. Fees or charges on inactive or dormant savings or time deposit account.
During the 10 year period of inactivity or dormancy specified in section 28.1601(2) and until payment of funds to the Treasurer as provided in section 28.1608, it is unlawful for any Bank to assess, collect, or deduct any fee or charge from any savings or time deposit account because of that inactivity or dormancy, except for the cost of publication in accordance with section 28.1605.
Source: official American Samoa text · Last verified 2026-08-27
Frequently Asked Questions About American Samoa § 28.1603
What does American Samoa Code Annotated § 28.1603 cover?
Section 28.1603 ("Fees or charges on inactive or dormant savings or time deposit account.") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 28.1603?
A common citation format is "American Samoa Code Annotated § 28.1603" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 28.1603 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.