ARS § 6-271

Banks that are not members of the federal reserve system must maintain legal reserves set by the deputy director, subject to caps of 14% of demand deposits and 7% of time and savings deposits.

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Jurisdiction: United States — Arizona
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Updated: 1 Jan 2025
Official source: View official record ↗

deposit reserves reserve requirements

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ARS § 6-271

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