§ 54C-162. Liquidity.
A savings bank must keep cash and readily marketable investments, with a minimum amount of 10% of its assets, and the Commissioner of Banks may suspend that liquidity requirement for up to six months on receipt of a duly certified board resolution requesting temporary suspension.
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- Jurisdiction
- United States — North Carolina
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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- View official record ↗
bank reserves liquidity requirements
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§ 54C-162. Liquidity.
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