The required reserve funds shall be held to meet contingencies and shall not be distributed to the members except upon dissolution of the credit union or upon approval of the director.
Mo. Rev. Stat. § 370.328
Reserve fund distribution, when
Effective: 28 Aug 1984; (L. 1984 H.B. 962)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.