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Nebraska · Through Laws 2026

Neb. Rev. Stat. § 21-17,105: Use of regular reserve account.

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Where this section sits in the code
  1. Chapter 21 - CORPORATIONS AND OTHER COMPANIES

The regular reserve account shall belong to the credit union and shall be used to meet losses on risk assets and to meet such other classes of losses as are approved by the director. The regular reserve account shall not be distributed except on liquidation of the credit union or in accordance with a plan approved by the director.

Collected 2026-10-18T05:55:23Z. Source file · JSON

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