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Lending Limits

banking-occ · OCC · Rule · Published 1995-02-15 · Effective 1995-03-17 · 60 FR 8526

Document

Document number
95-3363
Federal Register citation
60 FR 8526
CFR reference
12 CFR 32
Type
Rule
Action
Final rule.
Category
banking-occ
Sub-agency
OCC
Publication date
1995-02-15
Effective date
1995-03-17
Treasury docket
Docket No. 95-03

Abstract

The Office of the Comptroller of the Currency (OCC) is comprehensively revising its rules governing national bank lending limits as part of its Regulation Review Program. The final rule amends, clarifies, and reorganizes the OCC's lending limit rules. The final rule eliminates inefficient and unduly burdensome regulatory requirements and refocuses the lending limit rules on the areas of greatest safety and soundness concern. The new rule enhances the ability of national banks to lend while protecting against situations where excessive loans to a borrower or related borrowers present safety and soundness concerns.

Source

Authoritative
Federal Register document
Machine
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