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2016 Florida Statutes
SECTION 318
Reserve requirements.
Reserve requirements.
663.318 Reserve requirements.—
(1) An international development bank shall establish and maintain adequate loan loss reserves.
(2) An international development bank organized under chapter 617 as a corporation not for profit shall not be required to establish or maintain any reserves with respect to its liabilities.
History.—ss. 1, 5, ch. 86-82; s. 9, ch. 89-110; s. 1, ch. 91-307; s. 1, ch. 92-303; s. 131, ch. 2005-2.