12 CFR 614.4353

§ 614.4353 Direct lender associations.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 614.4353, § 614.4353 Direct lender associations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47756
Permanent ID: ys:prov:47756@1
SHA-256: dd5f796a6520586ff7ba0d8fab94bddcaae56b0de6008c620d8b11a2bb45726b

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

No direct lender association may make a loan to a borrower if the consolidated amount of all loans outstanding and undisbursed commitments to that borrower exceed 15 percent of the association's lending and leasing limit base.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.