{"data":{"id":"us-az/a.r.s.-6-581","jurisdiction":"us-az","citation":"A.R.S. § 6-581","heading":"Transfers to regular reserve","body":"A. At the end of each accounting period, but not less frequently than quarterly, the credit union shall set aside, as a regular reserve against losses, amounts in accordance with the schedule set by the share insuring organization. The credit union shall set aside the amounts before the declaration or payment of any dividends.\n\nB. The board of directors may increase, or if the reserve equals or exceeds the requirement prescribed in subsection A, decrease, the amount to be set aside.","path":["Title 6 Banks and Financial Institutions"],"source_url":"https://www.azleg.gov/ars/6/00581.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"2b2f9c0803a6e71b428f3ec98110bdd51f70d59f3678f0b4e4b836c8d118cd8a","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-6-577","next":"us-az/a.r.s.-6-582"},"notice":"GroundRules: Original legal text. Not legal advice."}