12 C.F.R. § 965.3   Liquidity reserves for deposits.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 965—SOURCE OF FUNDS

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§ 965.3   Liquidity reserves for deposits.

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.

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