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#168049 - 03/10/04 12:14 AM Limit on bank fixed assets
NancyF Offline
100 Club
NancyF
Joined: Dec 2001
Posts: 173
PA
What is the Department of Banking's limitation on a PA chartered bank's investment in fixed assets? I knew this at one time, but can't remember or find it anywhere. If you know, can you tell me where to find this regulation also?

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#168050 - 03/23/04 04:39 PM Re: Limit on bank fixed assets
NancyF Offline
100 Club
NancyF
Joined: Dec 2001
Posts: 173
PA

For those 30+ who viewed this post, the answer is 15% of capital per section 202(e)iii of the PA Banking code of 1965.

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