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2017 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-5 - Credit Unions
Section 19-5-20 - Regular reserve.
Universal Citation: RI Gen L § 19-5-20 (2017)
§ 19-5-20. Regular reserve.
Each credit union shall establish and maintain a regular reserve, as provided by the Federal Credit Union Act, 12 U.S.C. § 1751 et seq. The director, or the director's designee, shall approve or deny any charges to the reserve.
History of Section.
(P.L. 1995, ch. 82, § 43.)
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