12 C.F.R. § 560.50   Letters of credit and other independent undertakings—authority.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 560—LENDING AND INVESTMENT
Subpart A—Lending and Investment Powers for Federal Savings Associations

Browse Previous |  Browse Next

§ 560.50   Letters of credit and other independent undertakings—authority.

A Federal savings association may issue letters of credit and may issue such other independent undertakings as are approved by OTS, subject to the restrictions in §560.120.

[64 FR 46565, Aug. 26, 1999]

Browse Previous |  Browse Next























































chanrobles.com





ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com