17:13-73.6. Reserve requirements
46 words·~1 min read·
/nj/title-17/chapter-13/17-13-73-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The corporate central credit union shall be exempt from the regular reserve requirements of this act, but shall be required to establish and maintain a reserve to meet losses, in accordance with regulations prescribed by the commissioner.
L.1984, c. 171, s. 55, eff. Oct. 31, 1984.