Title 013 · Title 13

Bank reserves.

Citation: N.D. Admin. Code § 13-02-02-01

Section: 13-02-02-01

13-02-02-01. Bank reserves. Each banking association shall have on hand at all times in available funds a percentage of its deposits which shall equal the amount of reserves required of it by the board of governors of the federal reserve system. History: Amended effective April 1, 1981. General Authority: NDCC 6-01-04 Law Implemented: NDCC 6-03-37 1