614.4353—Direct lender associations.

No association may make a loan to a borrower, if the consolidated amount of all loans outstanding and undisbursed commitments to that borrower exceeds 25 percent of the association's lending and leasing limit base.

Code of Federal Regulations

[58 FR 40321, July 28, 1999, as amended at 64 FR 34517, June 28, 1999]