OAR 441-720-0345

OAR 441-720-0345. Exceptions to the Aggregate (Net) Member Business Loan Limit

Last amended: 2022Length: 67 wordsOfficial source
A credit union that has a low-income designation, or participates in a community development financial institutions program, or was chartered for the purpose of making member business loans, or which as of the date of enactment of the Credit Union Membership Access Act of 1998 had a history of primarily making commercial loans, is exempt from compliance with the aggregate member business loan limits in this section.
OAR 441-720-0345: OAR 441-720-0345. Exceptions to the Aggregate (Net) Member Business Loan Limit | Justis AI