R331-7-7. Sale-Leaseback Restrictions for Depository Institutions

A depository institution acting as a lessor may lease used property in a sale-leaseback transaction provided that: (1) The aggregate of the total net investment in such sale-leaseback transactions, at any point, in time does not exceed 50% of the depository institution's total capital; and (2) The sale-leaseback transactions are separately identified.