legal · go-v.org

Lease term.

CFR · 2024-01-01 · US · Title 12

A CEBA Lease must have an initial term of not less than 90 days. A national bank may acquire property subject to an existing lease with a remaining maturity of less than 90 days if, at its inception, the lease was a conforming lease.

official document · source cfr-2024 · id 12:§ 23.11