Section 48.32 State Banks or Trust Companies May Be Members of Federal Reserve Banks
48.32 STATE BANKS OR TRUST COMPANIES MAY BE MEMBERS OF FEDERAL RESERVE BANKS.
Any incorporated state bank or trust company may become a member of the Federal Reserve Bank of the Federal Reserve district in which the bank or trust company is located, and may invest in and hold stock therein.
History:
(7649) 1915 c 28 s 1