Current through Register Vol. 23, December 6, 2024
Rule 2.59.139 - LEGAL LENDING LIMIT(1) If no direct benefit is received or no common enterprise exists, the combined loans or extensions of credit to a commonly owned or controlled group of borrowers shall not exceed three times the bank's lending limit.NEW,2020 MAR p. 1698, Eff.9/12/2020AUTH: 32-1-211, 32-1-432, MCA; IMP: 32-1-211, 32-1-432, MCA