Agricultural credit banks Sample Clauses

Agricultural credit banks. (1) No ag- ricultural credit bank may make or discount a loan to a borrower under the authority of title I of the Act if the consolidated amount of all loans out- standing and undisbursed commit- ments to that borrower exceed 15 per- cent of the bank’s lending and leasing limit base.
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Related to Agricultural credit banks

  • CONCENTRATIONS OF CREDIT (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a written asset diversification program consistent with OCC Banking Circular 255. The program shall include, but not necessarily be limited to, the following:

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