United States Code
USC most recently checked for updates: Feb 15, 2025
§ 463.
Limitation on amount of balance with any depository institution without access to Federal Reserve advances
No member bank shall keep on deposit with any depository institution which is not authorized to have access to Federal Reserve advances under section 347b 1
1
See References in Text note below.(Dec. 23, 1913, ch. 6, § 19(e), formerly § 19 (par. 8), 38 Stat. 270; Aug. 15, 1914, ch. 252, 38 Stat. 691; June 21, 1917, ch. 32, § 10, 40 Stat. 239; renumbered § 19(e), Pub. L. 89–597, § 2(b), Sept. 21, 1966 , 80 Stat. 824; Pub. L. 96–221, title I, § 105(e), Mar. 31, 1980 , 94 Stat. 140.)
cite as: 12 USC 463