There is a newer version of the Rhode Island General Laws
2014 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-5 - Credit Unions
Section 19-5-26 - Liquidity reserves.
RI Gen L § 19-5-26 (2014) What's This?
§ 19-5-26 Liquidity reserves. – Every credit union shall maintain liquidity reserves equal to an amount as determined in the credit union's liquidity and funds management policy as established and adopted by the board of directors of the credit union. Failure to adopt an adequate funds management policy shall be considered an unsafe and unsound practice.
History of Section.
(P.L. 1995, ch. 82, § 43.)
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