State Codes and Statutes

Statutes > North-carolina > Chapter_54 > GS_54-110_9

§54‑110.9.  Reserves.

A corporate credit union shallbe exempt from the regular reserve requirements of Article 14J, but shall berequired to establish and maintain an equity reserve to meet losses, inaccordance with regulations prescribed by the Administrator of Credit Unions. (1983,c. 470.)

State Codes and Statutes

Statutes > North-carolina > Chapter_54 > GS_54-110_9

§54‑110.9.  Reserves.

A corporate credit union shallbe exempt from the regular reserve requirements of Article 14J, but shall berequired to establish and maintain an equity reserve to meet losses, inaccordance with regulations prescribed by the Administrator of Credit Unions. (1983,c. 470.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_54 > GS_54-110_9

§54‑110.9.  Reserves.

A corporate credit union shallbe exempt from the regular reserve requirements of Article 14J, but shall berequired to establish and maintain an equity reserve to meet losses, inaccordance with regulations prescribed by the Administrator of Credit Unions. (1983,c. 470.)