Cash reserves on deposits and accounts

  1. Law
  2. Maine Revised Statutes
  3. FINANCIAL INSTITUTIONS
  4. SPECIALTY OR LIMITED PURPOSE FINANCIAL INSTITUTIONS
  5. UNINSURED BANKS
  6. Cash reserves on deposits and accounts

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§1234. Cash reserves on deposits and accounts

An uninsured bank shall maintain reserves in accordance with section 422-A. The superintendent may establish by rule or order additional reserve requirements for uninsured banks.   [PL 1997, c. 398, Pt. J, §2 (NEW).]

SECTION HISTORY

PL 1997, c. 398, §J2 (NEW).


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