North Carolina Statutes
§ 54-110.9 — Reserves
North Carolina § 54-110.9
JurisdictionNorth Carolina
Ch. 54Cooperative Organizations
Art. 15ACorporate Credit Union
Subch. IIICREDIT UNIONS
This text of North Carolina § 54-110.9 (Reserves) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 54-110.9 (2026).
Text
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.)
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Nearby Sections
15
§ 54-109.1
Definition and purposes§ 54-109.10
Creation and supervision of Division§ 54-109.105
What information deemed confidential; disclosure; certain information deemed public; exchange of information§ 54-109.106
Foreign Credit Unions§ 54-109.11
Duties of Administrator§ 54-109.12
Corporations organized hereunder subject to Administrator of Credit Unions; rules and regulations§ 54-109.13
Revocation of certificate; liquidation§ 54-109.14
Fees§ 54-109.15
Reports§ 54-109.16
Examinations required; payment of cost§ 54-109.17
Records§ 54-109.19
Removal of officers§ 54-109.2
Organization procedure§ 54-109.20
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Bluebook (online)
North Carolina § 54-110.9, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/54/54-110.9.