View all text of Chapter 41 [§ 4001 - § 4010]
§ 4005. Payment of interest
(a) In general
(b) Special rule for credit unions
Subsection (a) shall not apply to an account at a depository institution described in section 461(b)(1)(A)(iv) of this title if the depository institution—
(1) begins the accrual of interest or dividends at a later date than the date described in subsection (a) with respect to all funds, including cash, deposited in such account; and
(2) provides notice of the interest payment policy in the manner required under section 4004(e) of this title.
(c) Exception for checks returned unpaid
(Pub. L. 100–86, title VI, § 606, Aug. 10, 1987, 101 Stat. 646.)