← Treasury Federal Register rules

Lending Limits Pilot Program

banking-occ · OCC · Rule · Published 2004-06-10 · 69 FR 32435

Document

Document number
04-13314
Federal Register citation
69 FR 32435
CFR reference
12 CFR 32
Type
Rule
Action
Interim rule.
Category
banking-occ
Sub-agency
OCC
Publication date
2004-06-10
Treasury docket
Docket No. 04-15

Abstract

The Office of the Comptroller of the Currency (OCC) is publishing this interim rule extending for three months, until September 11, 2004, an OCC lending limits pilot program (pilot program) that authorizes special lending limits for 1-4 family residential real estate loans and small business loans. Under the pilot program, which originated in 2001, eligible national banks with main offices located in states that prescribe a higher lending limit for residential real estate loans or small business loans than the current Federal limit may apply to take part in the program and use the higher limits. This interim rule allows the program to continue uninterrupted while the OCC reviews comments received on a proposal to extend the program for three years, until June 11, 2007.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown