Montana Statutes
§ 32-3-705 — Special Reserves
32-3-705 . Special reserves. In addition to the regular reserve account, special reserves to protect the interest of members must be established:
(1)when required by regulation; or
(2)when found by the board of directors of the credit union or by the department of administration to be necessary.
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Legislative History
En. 14-663 by Sec. 63, Ch. 38, L. 1975; R.C.M. 1947, 14-663; amd. Sec. 2, Ch. 274, L. 1981; amd. Sec. 97, Ch. 483, L. 2001; amd. Sec. 39, Ch. 237, L. 2003.
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§ 32-3-1001
And 32-3-1002 Reserved§ 32-3-1005
Theft Of Funds§ 32-3-1006
And 32-3-1007 Reserved§ 32-3-1008
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False Statement To Obtain Or Extend Loan§ 32-3-101
Short Title§ 32-3-1010
Through 32-3-1012 Reserved§ 32-3-102
Purposes -- Definitions§ 32-3-103
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Office Facilities§ 32-3-105
Fiscal Year