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Kentucky Revised Statutes · § 286.6-595 — Reserves

286.6-595. Reserves

A credit union shall, at the close of each accounting period, establish and maintain reserves at least equal to the reserve requirements of the National Credit Union Administration necessary to maintain deposit insurance.

Source notes

Effective: July 13, 1984

Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286.

History and annotations

Created 1984 Ky. Acts ch. 408, sec. 60, effective July 13, 1984. Formerly codified as KRS 290.595.

Official source for this version

Source captured 2026-09-25. Open the official source.

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