legal · go-v.org

Estimated residual value.

CFR · 2024-01-01 · US · Title 12

(a) (1) Must be reasonable in light of the nature of the leased property and all circumstances relevant to the transaction; and (2) Any unguaranteed amount must not exceed 25 percent of the original cost of the property to the bank or the percentage for a particular type of property specified in published OCC guidance. (b) (c)

official document · source cfr-2024 · id 12:§ 23.21