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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.
Structure Arkansas Code
Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 48 - Organization and Operation
Subchapter 2 - Reserves and Dividends
§ 23-48-201. Membership in Federal Reserve System
§ 23-48-202. Reserve requirements
§ 23-48-203. Payment of dividends