Montana Statutes
§ 32-3-807 — Corporate Reserves -- Department Rules
32-3-807 . Corporate reserves -- department rules.
(1)A corporate credit union shall maintain a minimum capital to assets ratio according to rules adopted by the department in substantial conformance with Title 12, part 704, Code of Federal Regulations.
(2)The department shall adopt rules for the administration of subsection (1).
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Legislative History
En. Sec. 7, Ch. 66, L. 1993; amd. Sec. 6, Ch. 365, L. 1997.
Nearby Sections
15
§ 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
Concealing Actions From Directors§ 32-3-1009
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
Use Of Name Exclusive§ 32-3-104
Office Facilities§ 32-3-105
Fiscal Year