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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 2— NATIONAL BANKS · SUBCHAPTER VIII— RESERVE CITIES; LAWFUL RESERVES · § 144

§ 144. Certain balances counted toward reserves in dependencies and insular possessions

293 words·~1 min read·/usc/title-12/section-144

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Four-fifths of the reserve of 15 per centum which a national bank located in a dependency or insular possession or any part of the United States outside of the continental United States, and not a member of the Federal Reserve System, is required to keep, may consist of balances due such bank from associations approved by the Comptroller of the Currency and located in any one of the reserve cities as now or hereafter defined by law or designated by the Board of Governors of the Federal Reserve System.
(R.S. § 5192; July 1, 1952, ch. 536, 66 Stat. 314; Pub. L. 86–70, § 7, June 25, 1959, 73 Stat. 142; Pub. L. 86–114, § 3(b)(3), July 28, 1959, 73 Stat. 263.)
Connections2 cite this · traces to 3
11 references not yet in our index
  • July 1, 1952, ch. 536
  • 66 Stat. 314
  • Pub. L. 86–70, § 7
  • 73 Stat. 142
  • Pub. L. 86–114, § 3(b)(3)
  • 73 Stat. 263
  • act June 3, 1864, ch. 106, § 31
  • 13 Stat. 108
  • Pub. L. 86–114
  • Pub. L. 86–70
  • section 3(b) of Pub. L. 86–114
Citation graph
cites case law
§ 144
Certain balances counted toward reserves in dependencies and insular possessions
Stat.×2
ActJuly 1, 1952, ch. 536
Stat.66 Stat. 314
Pub. L.Pub. L. 86–70, § 7
Stat.73 Stat. 142
Pub. L.Pub. L. 86–114, § 3(b)(3)
Cites 14 · showing 8Cited by 2 across 1 source
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