U.S. Code > Title 12 Banks and Banking > CHAPTER 3—FEDERAL RESERVE SYSTEM (§§ 221—522) > SUBCHAPTER XIV—BANK RESERVES (§§ 461—467) > § 463. Limitation on amount of balance with any depository institution without access to Federal Reserve advances

§ 463. Limitation on amount of balance with any depository institution without access to Federal Reserve advances

No member bank shall keep on deposit with any depository institution which is not authorized to have access to Federal Reserve advances under section 347b [1] of this title a sum in excess of 10 per centum of its own paid-up capital and surplus.

[1] See References in Text note below.