Section 4April 4, 1974, Sec./Art. 4

Foreign currency cover requirements. Except as the Monetary Board, by a unanimous vote of all incumbent members, may otherwise prescribe or allow, the depository banks shall maintain at all times a one hundred percent foreign currency cover for their deposit liabilities, of which cover at least fifteen seventy-one. Thereafter, such sum as may be necessary for the same purpose shall be included in the annual General Appropriations Act.