Full and fair disclosure of financial condition.

CFR · 2024-01-01 · US · Title 12

(a) (b) (c) (d) (1) Charges for loan and lease losses shall be made timely and in accordance with GAAP; (2) The ALLL must be maintained in accordance with GAAP; and (3) At a minimum, adjustments to the ALLL shall be made prior to the distribution or posting of any dividend to the accounts of members.

official document · source cfr-2024 · id 12:§ 702.113