Pennsylvania Code (Last Updated: April 5, 2016) |
Title 10. BANKING AND SECURITIES |
PART III. Savings Association Bureau |
Chapter 40. Alternate Reserve Requirements |
Section 40.1. Alternate requirement
Latest version.
-
In lieu of complying with the reserve requirements specifically set forth in section 822 of the Savings Association Code of 1967 (7 P. S. § 6020-132), an insured association may elect to make such allocations to reserves as may from time to time be required by the Federal Savings and Loan Insurance Corporation.