370.320. Reserve fund required.
73 words·~1 min read·
/mo/chapter-370/370-320A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
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(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