12 C.F.R. § 23.11

Lease term.

Last amended: 2017Year: 2026Length: 44 wordsOfficial source

Cite as 12 C.F.R. § 23.11 (2026)

A CEBA Lease must have an initial term of not less than 90 days. A national bank may acquire property subject to an existing lease with a remaining maturity of less than 90 days if, at its inception, the lease was a conforming lease.
12 C.F.R. § 23.11: Lease term. | Justis AI