4 N.C. Admin. Code 6C.1302

Current through Register Vol. 39, No. 6, September 16, 2024

Section 06C .1302 - OTHER RESERVES

(a) Pursuant to G.S. 54-109.86(b), transfers to regular reserves shall be set at zero percent.

(b) Special reserves for delinquent loans and reserves for line of credit shall be maintained as required in Rules .0401 and .0404(b) of this Subchapter.

04 N.C. Admin. Code 06C .1302

Authority G.S. 54-109.12; 54-109.86;
Eff. December 1, 1979;
Readopted Eff. February 1, 2018;
Amended Eff. March 1, 2020.

Authority G.S. 54-109.12; 54-109.86(a)(b)(c);
Eff. December 1, 1979.

Readopted by North Carolina Register Volume 32, Issue 17, March 1, 2018 effective 2/1/2018.

Amended by North Carolina Register Volume 34, Issue 19, April 1, 2020 effective 3/1/2020.