Virginia Administrative Code
Title 10 - FINANCE AND FINANCIAL INSTITUTIONS
Agency 5 - STATE CORPORATION COMMISSION
Chapter 40 - CREDIT UNIONS
Section 10VAC5-40-30 - Regular reserve accounts
Universal Citation: 0 VA Admin Code 5-40-30
Current through Register Vol. 41, No. 3, September 23, 2024
Pursuant to § 6.2-1377 of the Code of Virginia, a state credit union shall establish and maintain a regular reserve account in accordance with applicable provisions of Part 702 of the National Credit Union Administration Rules and Regulations, 12 CFR 702.1 through 702.403, regardless of § 6.2-1377 of the Code of Virginia.
Statutory Authority
§§ 6.2-1303 and 12.1-13 of the Code of Virginia.
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