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#1118531 - 01/28/09 08:59 PM Reg O and Loan to Executive Officers
MT Pockets Offline
100 Club
Joined: Oct 2004
Posts: 238
Up North
Under 215.5(b)of Reg O, the additional restrictions for loans to executive officers applies to partnerships in which one of more EO hold a majority interest. What % is majority interest for this section of Reg O? Greater than 50%?
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Lending Compliance
#1119561 - 01/29/09 10:21 PM Re: Reg O and Loan to Executive Officers MT Pockets
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
Simple majority - >50%
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