1. Regulations
  2. title 12
  3. chapter VII
  4. part 702
  5. subpart A
  6. § 702.112

View all text of Subpart A [§ 702.101 - § 702.114]

§ 702.112 - Reserves.

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.

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

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

CITE AS: 12 CFR 702.112