38 Ill. Adm. Code 330.210

Lending Limits; Derivatives

Last amended: 2013Year: 2026Length: 100 wordsOfficial source
Section 330.210  Lending Limits;  Derivatives For purposes of Section 32 of the Act and Section 6013 of the Savings Bank Act, derivative transactions shall be included in the calculation of lending limits. a)         The calculation of derivatives as applied to lending limits for purposes of Section 32 of the Act and Section 6013 of the Savings Bank Act shall be determined pursuant to Section 330.230. b)         Intraday credit exposures arising from a derivative transaction are not subject to the lending limits of Section 32 of the Act and Section 6013 of the Savings Bank Act, as applicable, or this Part.
38 Ill. Adm. Code 330.210: Lending Limits; Derivatives | Justis AI