[Code of Federal Regulations]

[Title 12, Volume 6]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 12CFR614.4354]



[Page 127]

 

                       TITLE 12--BANKS AND BANKING

 

                 CHAPTER VI--FARM CREDIT ADMINISTRATION

 

PART 614_LOAN POLICIES AND OPERATIONS--Table of Contents

 

                  Subpart J_Lending and Leasing Limits

 

Sec. 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.



[58 FR 40321, July 28, 1999, as amended at 64 FR 34517, June 28, 1999]