### Question
What is the definition of reserve fund?


### Answer
The definition of **reserve fund** is as follows in *12 U.S.C. § 5701*:

> a fund, established by a participating State, dedicated to a particular financial institution lender, for the purposes of—


(A) depositing all required premium charges paid by the financial institution lender and by each borrower receiving a loan under an approved State program from that financial institution lender

#### Citation:
  - *12 U.S.C. § 5701*
  - Heading: **CHAPTER 54-STATE SMALL BUSINESS CREDIT INITIATIVE**

