§ 1905. Reserve against deposits
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking
7 P.S. § 1905
§ 1905. Reserve against deposits
No certificate of authorization shall be granted to a private bank unless it shall have a reserve fund for deposits in an amount at least equal to that required by this act for an incorporated bank. The entire amount of such reserve fund shall be at all times maintained in the manner provided by this act for an incorporated bank.
Credits
1965, Nov. 30, P.L. 847, No. 356, § 1905.
7 P.S. § 1905, PA ST 7 P.S. § 1905
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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