Mont. Admin. r. 2.59.2069

Current through Register Vol. 23, December 6, 2024
Rule 2.59.2069 - CREDIT EXPOSURE ARISING FROM DERIVATIVES AND SECURITIES FINANCING TRANSACTIONS
(1) For purposes of determining a mutual association's lending limit under 32-2-925, MCA, the mutual association's credit exposure arising from a derivatives transaction or a securities financing transaction entered by a mutual association must be calculated in accordance with the methods and models contained in Appendix B to ARM 2.59.2069 dated July 14, 2021, which is adopted and incorporated by reference, and available on the department's website at banking.mt.gov.

Mont. Admin. r. 2.59.2069

NEW, 2022 MAR p. 230, Eff. 2/12/2022

AUTH: 32-2-911, 32-2-925, MCA; IMP: 32-2-911, 32-2-925, MCA