32-3-807. Corporate reserves -- department rules. (1) A corporate credit union shall maintain a minimum capital to assets ratio according to rules adopted by the department in substantial conformance with Title 12, part 704, Code of Federal Regulations.
(2) The department shall adopt rules for the administration of subsection (1).
History: En. Sec. 7, Ch. 66, L. 1993; amd. Sec. 6, Ch. 365, L. 1997.
Structure Montana Code Annotated
Title 32. Financial Institutions
Part 8. Corporate Credit Unions
32-3-802. Purpose -- membership
32-3-803. Voting representative -- conflict of interest
32-3-804. Additional rights and powers -- department rules
32-3-805. Membership capital accounts
32-3-806. Fixed assets -- department rules
32-3-807. Corporate reserves -- department rules