Reserve fund required.

Checkout our iOS App for a better way to browser and research.

Effective - 28 Aug 2011

370.320. Reserve fund required. — All credit unions shall establish and maintain reserves sufficient to qualify for and maintain federal share insurance and meet any requirements concerning minimum reserves established by the director of the credit unions by regulation.

­­--------

(RSMo 1939 § 5537, A.L. 1945 p. 689, A.L. 1967 p. 509, A.L. 1972 S.B. 502, A.L. 1982 H.B. 1099, A.L. 1984 H.B. 962, A.L. 2011 S.B. 306)

Prior revision: 1929 § 5095


Download our app to see the most-to-date content.