13 C.F.R. § 107.845

Current through November 30, 2024
Section 107.845 - Maximum rate of amortization on Loans and Debt Securities

The principal of any Loan (or the loan portion of any Debt Security) with a term of one year or less cannot be amortized faster than straight line. If the term is greater than one year, the principal cannot be amortized faster than straight line for the first year.

13 C.F.R. §107.845

69 FR 8098 , Feb. 23, 2004