663.318 Reserve requirements. - Florida Statutes

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.