CFR 12-723.16-2013
Banks and banking. Part723:Member business loans. Section723.16:What is the aggregate member business loan limit for a credit union?

Standard No.

CFR 12-723.16-2013

Release Date

2013

Published By

US-CFR-file

Latest

CFR 12-723.16-2013

Scope

(a) General. The aggregate limit on a credit union's net member business loan balances is the lesser of 1.75 times the credit union's net worth or 12.25% of the credit union's total assets. Loans that are exempt from the definition of member business loans are not counted for the purpose of the aggregate loan limit.

CFR 12-723.16-2013 history

• 2013 CFR 12-723.16-2013 Banks and banking. Part723:Member business loans. Section723.16:What is the aggregate member business loan limit for a credit union?