21-17,104 Allowance-for-loan-losses account.
21-17,104. Allowance-for-loan-losses account.(1) A credit union shall establish an allowance-for-loan-losses account based upon reasonably foreseeable loan losses.(2) For purposes of calculating required transfers of income to the regular reserve account pursuant to sections 21-17,103 to 21-17,107, any balance in the allowance-for-loan-losses account may be included with the balance in the regular reserve account. SourceLaws 1996, LB 948, § 104.