Each new credit union shall establish and maintain such reserves as may be required by the FCUA, by state law, by regulation, or in special cases by the NCUA Board or appropriate state official.
[80 FR 66706, Oct. 29, 2015. Redesignated at 86 FR 11073, Feb. 23, 2021]
source: 65 FR 8584, Feb. 18, 2000, unless otherwise noted.
cite as: 12 CFR 702.209