Assertion: checking account's deposit | /r/HasProperty | payable
Facets:
value: on demand
type: MANNER
Source sentences:
text: After the Great Depression, The Banking Act of 1933 kept banks from paying any interest on deposits that could be payable on demand.
text: The Banking Act of 1933 specified that no member bank "shall, directly or indirectly, by any device whatsoever, pay any interest on any deposit which is payable on demand", and on August 29, 1933, this restriction was incorporated into the Federal Reserve Board's new Regulation Q.