Code of Federal Regulations · Section
§ 614.4353 — Direct Lender Associations
12 C.F.R. § 614.4353
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No direct lender association may make a loan to a borrower if the consolidated amount of all loans outstanding and undisbursed commitments to that borrower exceed 15 percent of the association's lending and leasing limit base.
Authorizing Statute
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Flood insurance purchase and compliance requirements and escrow accounts42 U.S.C. § 4012a
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Establishment; titles; branches12 U.S.C. § 2121
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Establishment, charters, titles, branches12 U.S.C. § 2011