Statutes > Arkansas Statutes > Title 23 - Public Utilities and Regulated Industries > Subtitle 2 - Financial Institutions And Securities > Chapter 48 - Organization and Operation > Subchapter 2 - Reserves and Dividends > § 23-48-201 - Membership in Federal Reserve System.

§ 23-48-201 - Membership in Federal Reserve System.

23-48-201. Membership in Federal Reserve System.

Any state bank shall have the right to own such amount of stock in a federal reserve bank as may be required for it to become a member of the Federal Reserve System.