Power to subscribe to stock

Any state bank has the power to subscribe to the capital stock and become a member of a federal reserve bank. Acts 1969, ch. 36, § 1 (3.323); T.C.A., § 45-302. Any state bank has the power to subscribe to the capital stock and become a member of a federal reserve bank. Acts 1969, ch. 36, § 1 (3.323); T.C.A., § 45-302.