Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 383-e-13-1312 — New Hampshire Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Hampshire/
  4. Title Xxxv - Banks and Banking; Loan Associations; Credit Unions/
  5. Chapter 383-e - Credit Union Act/
  6. § 383-e-13-1312
New Hampshire Legal Code

§ 383-e-13-1312

Ask AI about this
383-E:13-1312 Reserves. – A corporate credit union shall be exempt from the regular reserve requirements of RSA 383-E:8-801 but shall be required to establish and maintain an equity reserve to meet losses, in accordance with rules adopted by the commissioner, under RSA 541-A. Source. 2015, 272:16. 2016, 230:6, eff. Aug. 8, 2016.