Section 06.15.260. Investment in bankers' acceptances.

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Subject to the provisions of this chapter and regulations under this chapter a mutual bank may invest in bankers' acceptances that have been accepted by a bank, trust company, national bank, investment company, or banking corporation organized under the laws of the United States or of any state, which is a member of the Federal Reserve System.

Notes

History

(Sec. 11 a(7) ch 132 SLA 1960)

                    
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