§ 965.3 - Liquidity reserves for deposits.


Latest version.
  • Each Bank shall at all times have at least an amount equal to the current deposits received from its members invested in:

    (a) Obligations of the United States;

    (b) Deposits in banks or trust companies; or

    (c) Advances with a maturity of not to exceed five years that are made to members in conformity with part 950 of this chapter.