Chapter DFI-SL 13

LOANS

DFI-SL 13.01   Loans to one borrower.

DFI-SL 13.02   Loan policies.

DFI-SL 13.03   Mortgage loans.

DFI-SL 13.05   Consumer loans.

DFI-SL 13.06   Commercial loans.

Ch. DFI-SL 13 Note Note: Chapter S-L 13 was renumbered chapter DFI-SL 13 under s. 13.93 (2m) (b) 1., Stats., and corrections made under s. 13.93 (2m) (b) 6. and 7., Stats., Register, July, 1998, No. 511.

DFI-SL 13.01 DFI-SL 13.01 Loans to one borrower.

DFI-SL 13.01(1) (1) Loans to one borrower. Except as otherwise authorized by the division in writing, the aggregate of an association’s mortgage, consumer and commercial loans to one borrower may not exceed the lesser of the association’s net worth or 5% of the association’s assets.

DFI-SL 13.01(2) (2) Single loan and project limitation. Except as otherwise authorized by the division in writing, no loan or group of loans on one real estate project may exceed 25% of the association’s net worth.

DFI-SL 13.01(3) (3) Commercial loans. The aggregate of commercial loans to one borrower is subject to the limitations contained in 12 CFR 32.3.