Banks for cooperatives.

CFR · 2024-01-01 · US · Title 12

No bank for cooperatives may make a loan if the consolidated amount of all loans outstanding and undisbursed commitments to that borrower exceeds the following percentages of the lending and leasing limit base of the bank: (a) (2) Term loans to foreign and domestic parties: 10 percent. (3) Lease loans qualifying under § 614.4020(a)(3) and applying to the lessee: 25 percent. (4) Standby letters of credit qualifying under § 614.4810: 35 percent. (5) Guarantees qualifying under § 614.4800: 35 percent. (6) Seasonal loans exclusive of commodity loans qualifying under § 614.4231: 35 percent. (7) Foreign trade receivables qualifying under § 614.4700: 50 percent. (8) Commodity loans qualifying under § 614.4231: 50 percent. (9) Export and import letters of credit qualifying under § 614.4720: 50 percent. (b) (2) The sum of paragraphs (a)(1) through (a)(9) of this section: 50 percent.

official document · source cfr-2024 · id 12:§ 614.4355