23 CAR § 320-401
23 CAR § 320-401. Warehousing mortgages and other loans
Length: 54 wordsOfficial source
(a) Arkansas Code § 23-47-101(a)(14) permits state banks “To warehouse or act as agent in warehousing mortgages and other loans”.
(b) The aggregate of mortgages or other loans shall not be applied against the legal lending limit if the state bank is acting as agent in warehousing mortgages or other loans for a subsidiary.