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Revolving credit and Reg. U

Authors :
Hood, Bill
Source :
ABA Banking Journal. July 2005, Vol. 97 Issue 7, p55, 1 p.
Publication Year :
2005

Abstract

Q. Is a revolving line of credit, secured by listed collateral, subject to Regulation U (12 CFR 221)? A. Yes. 12 CFR 221.3 (c) (2)Purpose statement for revolving-credit or multiple-draw [...]

Details

Language :
English
ISSN :
01945947
Volume :
97
Issue :
7
Database :
Gale General OneFile
Journal :
ABA Banking Journal
Publication Type :
Periodical
Accession number :
edsgcl.134167248