State Codes and Statutes

Statutes > Arizona > Title6 > 6-272

6-272. Deposits exempt from reserve requirement

In determining the legal reserves required by this article a bank may deduct from its gross deposits such deposits as are lawfully secured and each deposit balance due to another bank to the extent of a reciprocal deposit due from such other bank.

State Codes and Statutes

Statutes > Arizona > Title6 > 6-272

6-272. Deposits exempt from reserve requirement

In determining the legal reserves required by this article a bank may deduct from its gross deposits such deposits as are lawfully secured and each deposit balance due to another bank to the extent of a reciprocal deposit due from such other bank.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title6 > 6-272

6-272. Deposits exempt from reserve requirement

In determining the legal reserves required by this article a bank may deduct from its gross deposits such deposits as are lawfully secured and each deposit balance due to another bank to the extent of a reciprocal deposit due from such other bank.