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" Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account and shall not be used by the bank in the conduct of its business unless it shall first set aside in the trust department United States bonds or other... "
Digest of the Federal Reserve Act: Including Amendments to April 13, 1920 - Página 18
por Guaranty Trust Company of New York - 1920 - 35 páginas
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Banking Law of New York: Chapter 2 of Consolidated Laws, Chapter 369, Laws ...

George Wilson Morgan, Amasa Junius Parker - 1922 - 567 páginas
...bank shall receive in its trust department deposits of current funds subject to check, or the deposit of checks, drafts, bills of exchange or other items for collection or exchange! purposes. stocks or bonds of a kind in which savings banks are required by this chapter to invest their deposits....
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Agricultural Inquiry, Volumen2

United States. Congress. Joint commission of agricultural inquiry. [from old catalog] - 1922
...bank shall receive in its trust department deposits of current funds subject to check or the deposit of checks, drafts, bills of exchange, or other items for collection or exchange purposes. Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account...
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Barnes' Federal Code: Containing All Federal Statutes of General and Public ...

United States - 1922 - 2831 páginas
...bank shall receive in its trust department deposits of current funds subject to check or the deposit of checks, drafts, bills of exchange, or other items for collection or exchange purposes. Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account...
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Journal of the House of Representatives of the State of Michigan, Volumen2

Michigan. Legislature. House of Representatives - 1923
...bank shall receive in its trust department deposits of current funds subject to check, or the deposit of checks, drafts, bills of exchange, or other items for collection or exchange purposes. Funds deposited or held in trust by such bank awaiting investment, shall be carried in a separate account...
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The Federal Reserve Act (approved December 23, 1913) as Amended August 4 ...

United States - 1923 - 120 páginas
...bank shall receive in its trust department deposits of current funds subject to check or the deposit of checks, drafts, bills of exchange, or other items for collection or exchange purposes. Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account...
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Materials for the Study of Banking

James Dysart Magee - 1923 - 769 páginas
...bank shall receive in its trust department deposits of current funds subject to check or the deposit of checks, drafts, bills of exchange, or other items for collection or exchange purposes. Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account...
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National Banking Under the Federal Reserve System

First National City Bank of New York - 1923 - 152 páginas
...bank shall receive in its trust department deposits of current funds subject to check or the deposit of checks, drafts, bills of exchange, or other items for collection or exchange purposes. Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account...
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Outlines of the Social Sciences

Elmer S. Nelson, Charles Emanuel Martin, William Henry George - 1923 - 780 páginas
...current check or items for collection funds subject to check or the deposit of or exchange purposes. checks, drafts, bills of exchange, or other items for collection or exchange purposes. Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account...
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Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With ...

Board of Governors of the Federal Reserve System (U.S.) - 1924 - 407 páginas
...records shall be kept ; that such books shall be open to the inspection of the State authorities; that national banks shall not receive in their trust departments...funds subject to check, or deposits of checks, drafts, or similar instruments; that trust funds deposited with the general assets of a bank shall be properly...
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Trust Departments in Banks and Trust Companies

Clay Herrick - 1925 - 435 páginas
...— The trust department shall not receive deposits of current funds subject to check or the deposit of checks, drafts, bills of exchange or other items for collection or exchange purposes. Funds Awaiting Investment. — Trust funds awaiting investment or distribution may be deposited to...
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