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Notes

§702.112. Reserves.

12 C.F.R. § 702.112

Each credit union shall establish and maintain such reserves as may be required by the FCUA, by state law, by regulation, or in special cases by the NCUA Board or appropriate state official.
Notes, amendments, and revision history

Source

Source: 80 FR 66706, Oct. 29, 2015, unless otherwise noted.

Authority

Authority: 12 U.S.C. 1757(9), 1766(a), 1784(a), 1786(e), 1790d.

Source

Source: 65 FR 8584, Feb. 18, 2000, unless otherwise noted.