Risk-Based Capital Requirements; Transfers of Small Business Loan Obligations With Recourse
other · OCC · Rule · Published 1997-10-24 · Effective 1998-01-01 · 62 FR 55490
Document
Document number
97-27749
Federal Register citation
62 FR 55490
CFR reference
12 CFR 3
Type
Rule
Action
Joint final rule.
Category
other
Sub-agency
OCC
Publication date
1997-10-24
Effective date
1998-01-01
Treasury docket
Docket No. 97-17
Abstract
The OCC, FDIC, and OTS (agencies) are issuing final rules on the risk-based capital treatment of transfers of small business loans or leases of personal property with recourse, as required by section 208 of the Riegle Community Development and Regulatory Improvement Act of 1994. The rules address the risk-based capital treatment of transfers of small business loans or leases of personal property with recourse, and, consistent with the statutory purpose, are designed to facilitate such transfers.