04 NCAC 16D .0405. UNSECURED LOANS LIMIT

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The aggregate amount of unsecured loans outstanding which may be made by an association to any one borrower shall not exceed the amount established by the appropriate federal regulatory authority.

History Note: Authority G.S. 54B‑55; 54B‑151;

Eff. August 31, 1981;

Amended Eff. July 1, 1990.

                    
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