ARS § 6-582
A credit union must promptly charge losses on risk assets against its regular reserve, but not operating losses. It may not distribute the regular reserve unless the credit union is liquidating or a deputy director-approved plan allows it.
- Jurisdiction
- United States — Arizona
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
- Updated
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credit unions reserves
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ARS § 6-582
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