Rhode Island § 19-5-26 § 19-5-26. Liquidity reserves.

Rhode Island Statutes

§ 19-5-26 — § 19-5-26. Liquidity reserves.

Rhode Island § 19-5-26

Title 19Financial institutions

Ch. 19-5Credit Unions

This text of Rhode Island § 19-5-26 (§ 19-5-26. Liquidity reserves.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 19-5-26 (2026).

Text

§ 19-5-26. Liquidity reserves.
Every credit union shall maintain liquidity reserves equal to an amount as determined
            in the credit union's liquidity and funds management policy as established and adopted
            by the board of directors of the credit union. Failure to adopt an adequate funds
            management policy shall be considered an unsafe and unsound practice.
         

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§ 19-5-26. Liquidity reserves.

Every credit union shall maintain liquidity reserves equal to an amount as determined in the credit union's liquidity and funds management policy as established and adopted by the board of directors of the credit union. Failure to adopt an adequate funds management policy shall be considered an unsafe and unsound practice.