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12 CFR 619.9240

§ 619.9240 Participation agreement.

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

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12 CFR 619.9240, § 619.9240 Participation agreement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48012
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ys:prov:48012@1
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01f9c5a4241af2b8e148e7dead7ecca56e9011d660caf9a146dd0e166fdb58c0

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Full text

A contract under which a lender agrees to sell a portion of a loan to one or more purchasers under specific terms set forth in the agreement.

Legislative history

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