614.4354—Federal land bank associations.

No Federal land bank association may assume endorsement liability on any loan if the total amount of the association's endorsement liability on loans outstanding and undisbursed commitments to that borrower would exceed 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]