186.17

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

186.17 Reserves.

186.17(1)

(1) Regular reserves. A credit union shall establish and maintain a regular reserve account and shall transfer amounts to the regular reserve account as required by the national board.

186.17(2)

(2) Special reserves. Special reserves may be required by the office of credit unions on an individual credit union basis or for a corporate central credit union.