Page:United States Statutes at Large Volume 74.djvu/723

 74

STAT.]

PUBLIC LAW 86-682-SEPT. 2, 1960

(4) the number of depositors; (5) the total amount standing to the credit of all depositors at the conclusion of the year; (6) the amount of deposits a,t interest; (7) the amount of interest received thereon; (8) the amount of interest paid thereon; (9) the number and amount of unclaimed deposits; (10) the amount invested in Government securities by the Board of Trustees; (11) the expense of the Department and postal service incident to the operation of the postal savings depository system; and (12) other facts deemed pertinent and proper. § 5206. Depository offices The Postmaster General shall designate post offices which are to be postal savings depository offices and shall prescribe the hours during which they shall remain open. § 5207. Opening of accounts Upon receipt of an application to open a postal savings account, and the tender of an initial deposit, the postal savings depository office shall deliver to the depositor evidence of the deposit free of cost. § 5208. Deposits and withdrawals The Postmaster General shall prescribe reflations with respect to deposits in and withdrawals from postal savings accounts, ana shall provide for the issuance of pass books or other devices as evidence of deposits and withdrawals. § 5209. Claims on paid postal savings certificates (a) Claims for payment of a postal savings certificate, or other evidence of deposit in the postal savings depository system, including duplicates, which are shown by the records of the Department to have been duly paid, are barred if not presented to the Postmaster General within six years from the date on which the records show that they were paid. (b) Final determination by the Postmaster General as to whether payment properly has been made on postal savings certificates or other evidences of deposit in the postal savings depository system, including duplicates, shall be based upon the official records of the Department. § 5210. Depositors A person ten years of age or over, in his own name, and a married woman in her own name and free from control or interference by her husband, may open and maintain one postal savings account at a time. § 5211. Amount of deposits A depositor may make deposits in amounts of $5 or multiples thereof. Interest is not payable on any balance in excess of $2,500, exclusive of accumulated interest. § 5212. Privacy of accounts Persons connected with the Department may not disclose the amount of a deposit to any person other than the depositor, unless directed to do so by the Postmaster General. § 5213. Interest on deposits (a) The Postmaster General shall pay depositors interest on savings accounts at the rate of 2 per centum per year, but not in excess of the rate permitted to be paid on savings deposits by regulations prescribed by the Board of Governors of the Federal Reserve System, pursuant

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