Funds of the new depository institution shall be kept on hand in cash, invested in obligations of the United States or obligations guaranteed as to principal and interest by the United States, or deposited with the Corporation, any Federal Reserve bank, or, to the extent of the insurance coverage on any such deposit, an insured depository institution.

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us/statute/12/1821/m/8 — Investments · Axiom

Axiom
US Federal
Statutes
Title 12
§ 1821
(m)
(8)

Investments

Official source

← Insured status Conduct of business →

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