Section 17:9A-47 - Members of Federal Reserve System

NJ Rev Stat § 17:9A-47 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

17:9A-47. Members of Federal Reserve System

A bank which is a member of the Federal Reserve System shall maintain the reserve balances required by or pursuant to the Federal Reserve Act, as amended or supplemented from time to time, and shall be exempt from the following sections of this article.

L.1948, c. 67, p. 231, s. 47.