7-9-29. Allowance account for loan losses.
As of January 1, 1984, a credit union shall establish an allowance account for loan losses subject to regulation as the commissioner may prescribe.
Utah Code § 7-9-29, under Chapter 7-9: Utah Credit Union Act.
Utah Code § 7-9-29
7-9-29. Allowance account for loan losses.
As of January 1, 1984, a credit union shall establish an allowance account for loan losses subject to regulation as the commissioner may prescribe.