524.815 - DEPOSITS BY A STATE BANK.

        524.815  DEPOSITS BY A STATE BANK.         A state bank may deposit its funds in a depository which is      selected by, or in a manner authorized by, the directors of a state      bank and which is authorized by law to receive deposits and is      subject to supervision by banking authorities of the United States or      of any state, and, with the prior approval of the superintendent, in      any other depository.  
         Section History: Early Form
         [C71, 73, 75, 77, 79, 81, § 524.815]