Table of Contents
TITLE 32. FINANCIAL INSTITUTIONS
CHAPTER 3. CREDIT UNIONS
Part 7. Investments and Reserves
Current Version 2025, 2023, 2021, 2019, 2015, 2013, 2011, 2009, 2007, 2005, 2003, 2001, 1999, 1997, 1995
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32-3-701
32-3-702
32-3-703
32-3-705
Mont. Code Ann. § 32-3-705
(2021)

Special reserves

In addition to the regular reserve account, special reserves to protect the interest of members must be established:

(1) when required by regulation; or

(2) when found by the board of directors of the credit union or by the department of administration to be necessary.

Official Annotations
History:
En. 14-663 by Sec. 63, Ch. 38, L. 1975
R.C.M. 1947, 14-663
Amd. Sec. 2, Ch. 274, L. 1981
Amd. Sec. 97, Ch. 483, L. 2001 (SB 445 - Taylor, Mike (R) SD 37)
Amd. Sec. 39, Ch. 237, L. 2003 (HB 319 - Lawson, Bob (R) HD 80)
Source