Utah Admin. Code R337-5-1 - Authority, Scope and Purpose

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(1) This rule is issued pursuant to Section 7-9-29.

(2) This rule applies to all state-chartered credit unions.

(3) This rule requires the allowance account for loan and lease losses (ALLL) be maintained in accordance with Generally Accepted Accounting Principles (GAAP).

Notes

Utah Admin. Code R337-5-1

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