32-3-705. Special reserves.
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/mt/title-32/chapter-3/part-7/32-3-705·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
32-3-705 . Special reserves. In addition to the regular reserve account, special reserves to protect the interest of members must be established:
(1)when required by regulation; or
(2)when found by the board of directors of the credit union or by the department of administration to be necessary.