12 U.S.C. § 463 : US Code - Section 463: Limitation on amount of balance with any depository institution without access to Federal Reserve advances
Search 12 U.S.C. § 463 : US Code - Section 463: Limitation on amount of balance with any depository institution without access to Federal Reserve advances
No member bank shall keep on deposit with any depository
institution which is not authorized to have access to Federal
Reserve advances under section 347b (!1) of this title a sum in
excess of 10 per centum of its own paid-up capital and surplus.
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Checking against and withdrawal of reserve balance