There is no restriction that I am aware of.  But is there not a limit on
the amount that "federally insured per account/ per institution?   

I believe it as follows:

The basic amount of insurance coverage provided to depositors of an
insured bank is $100,000.00. FDIC insurance covers the balance of each
depositor's account, dollar-for-dollar, including principal and any
accrued interest through the date of the bank's closing, up to the
insurance limit. The $100,000.00 limit applies to all depositors of an
insured bank except for owners of "self-directed" retirement accounts,
which are insured up to $250,000.00 per owner, per insured bank.


Leon

L. Leon Geyer

Professor 

Department of Agricultural and Applied Economics

206 B Hutcheson Hall

Virginia Tech  (0401)

Blacksburg, VA 24061

E-mail: [log in to unmask]

Voice:  540 231 4528

Fax:     540 231 7417

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-----Original Message-----
From: Academy of Legal Studies in Business (ALSB) Talk
[mailto:[log in to unmask]] On Behalf Of Kenneth Schneyer
Sent: Saturday, October 27, 2007 3:40 PM
To: [log in to unmask]
Subject: Re: $Restrictions

I'm intrigued.  I'd never heard that such restrictions might exist.  Do
tell.


Ken Schneyer 

-----Original Message-----
From: Academy of Legal Studies in Business (ALSB) Talk
[mailto:[log in to unmask]] On Behalf Of David S. Kistler
Sent: Saturday, October 27, 2007 6:55 AM
To: [log in to unmask]
Subject: $Restrictions

Colleagues:

Can anyone state what restrictions, if any, exist for the accumulation
of
funds in a typical bank account by a non-profit entity?

Thanks,
Professor David S. Kistler
State University of New York @ Potsdam