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Allowance-for-loan-losses account.

Neb. Rev. Stat. § 21-17,104
in effect
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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. Laws 1996, LB 948, § 104.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=21-17,104Fetched: 10/20/2026

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