N.C. Gen. Stat. § 54-110.9: Reserves.
Where this section sits in the code
- Chapter 54. Cooperative Organizations.
- SUBCHAPTER III. CREDIT UNIONS.
- Article 15A. Corporate Credit Union.
A corporate credit union shall be exempt from the regular reserve requirements of Article 14J, but shall be required to establish and maintain an equity reserve to meet losses, in accordance with regulations prescribed by the Administrator of Credit Unions. (1983, c. 470.)
Collected 2026-08-27T18:05:32Z. Source file · JSON