7 Pa. Stat. § 512

Current through Pa Acts 2024-53, 2024-56 through 2024-79
Section 512 - Deposits of excess cash

A savings bank shall deposit in depositories selected pursuant to section 610 its excess cash over and above the aggregate of cash needed for its current operations and vault cash held as part of its required reserve fund until such time as such excess cash can be judiciously invested pursuant to this act.

7 P.S. § 512

1965, Nov. 30, P.L. 847, No. 356, § 512.