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  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE XXII CORPORATIONS
  • CHAPTER 172 TRUST COMPANIES
  • Section 32 Reserve balances for federal reserve system members

Section 32. A trust company which is a member of the federal reserve system shall maintain the reserve balances required by or pursuant to the Federal Reserve Act, as amended or supplemented from time to time and shall be exempt from the requirements of section thirty-one.