12 C.F.R. § 560.50 Letters of credit and other independent undertakings—authority.
Title 12 - Banks and Banking
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]
Title 12: Banks and Banking
PART 560—LENDING AND INVESTMENT
Subpart A—Lending and Investment Powers for Federal Savings Associations
§ 560.50 Letters of credit and other independent undertakings—authority.