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Negotiable Order of Withdrawal (NOW)accounts-Interest-Bearing Savings Accounts That Can Be

Question 125

Multiple Choice

Negotiable Order of Withdrawal (NOW) accounts-interest-bearing savings accounts that can be used essentially the same as checking accounts-were authorized by:


A) Glass-Steagall Act.
B) Depository Institutions Deregulation and Monetary Control Act (DIDMCA) .
C) Bank Holding Company Act.
D) Garn-St.Germain Depository Institutions Act.
E) None of the options is correct.

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