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Pennsylvania Statutes Title 7 P.S. Banks and Banking § 1905. Reserve against deposits

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 1905. Reserve against deposits - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-1905/

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