§412:5-306  Deposits made by banks.  Abank may deposit any of its funds with (1) a federal reserve bank or a federalhome loan bank in any amount, or (2) another depository institution, providedthat the net deposits in any one depository institution does not exceedtwenty-five per cent of the bank's capital and surplus, unless otherwisepermitted by federal law.  In this section, "net deposits in any onedepository institution" means the sum of (1) balances, other than demandbalances, due from the institution and (2) demand balances due from theinstitution, less any demand balances due to that institution if that office ofthe institution in which the deposit is made is located in the United States.[L 1993, c 350, pt of §1]