reserve fund

(10)the term “reserve fund” means a fund, established by a participating State, earmarked for a particular participating financial institution, for the purposes of— (A)depositing all required premium charges paid by the participating financial institution and by each borrower receiving a loan under the Program from a participating financial institution; (B)depositing contributions made by the participating State; and (C)covering losses on enrolled loans by disbursing accumulated funds; and

Source

12 USC § 4742(10)


Scoping language

For purposes of this subchapter
Is this correct? or