04 NCAC 06C .1302         OTHER RESERVES

(a)  Regular reserves shall be maintained as set forth in G.S. 54‑109.86.

(b)  Special reserves for delinquent loans and reserves for line of credit shall be maintained as required in Rules .0401 and .0404(b) of this Subchapter.

 

History Note:        Authority G.S. 54‑109.12; 54‑109.86(a)(b)(c);

Eff. December 1, 1979;

Readopted Eff. February 1, 2018.