12 C.F.R. § 723.10   What waivers are available?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 723—MEMBER BUSINESS LOANS

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§ 723.10   What waivers are available?

You may seek a waiver for a category of loans in any of the following areas:

(a) Appraisal requirements under §722.3;

(b) Aggregate construction and development loans limits under §723.3(a);

(c) Minimum borrower equity requirements for construction and development loans under §723.3(b);

(d) Loan-to-value ratio requirements for business loans under §723.7(a);

(e) Requirement for personal liability and guarantee under §723.7(b);

(f) Maximum unsecured business loans to one member or group of associated members under §723.7(c)(2);

(g) Maximum aggregate unsecured member business loan limit under §723.7(c)(3); and

(h) Maximum aggregate net member business loan balance to any one member or group of associated members under §723.8.

[68 FR 56552, Oct. 1, 2003, as amended at 69 FR 62565, Oct. 27, 2004]

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