GroundRules
FIN § 14703
Where this section sits in the code
- Financial Code - FIN
- DIVISION 5. CREDIT UNIONS [14000. - 16906.]
- CHAPTER 4. Management and Operations [14400. - 14768.]
- ARTICLE 7. Reserves [14700. - 14703.]
A credit union shall establish and maintain an allowance-for-loan-losses account in accordance with generally accepted accounting principles. The commissioner may order the credit union to increase the amount of its allowance-for-loan-losses account if the commissioner finds that the amount of the account is not adequate.
Collected 2026-09-14T05:56:33Z. Source file · JSON