Reserve requirements

A state bank not a member of the Federal Reserve System shall maintain at all times a reserve fund as required by the Federal Reserve Board, unless otherwise provided by State Bank Department rules. Amended by Act 2019, No. 315,§ 2541, eff. 7/24/2019. Acts 1997, No. 89, § 1. A state bank not a member of the Federal Reserve System shall maintain at all times a reserve fund as required by the Federal Reserve Board, unless otherwise provided by State Bank Department rules. Amended by Act 2019, No. 315,§ 2541, eff. 7/24/2019. Acts 1997, No. 89, § 1.