(a) The depository may provide periodic account statements
to depository account holders. As provided in the depository account
agreement, upon receipt of an account statement the depository account
holder is responsible for:
(1) promptly examining each account statement received
from the depository; and
(2) giving notice of any discrepancy in the account
statement to the depository within thirty days of the date of the
account statement.
(b) Provision of a periodic account statement constitutes
notice of denial of liability for any transaction that is not reflected
on the account statement.
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