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#1256690 - 09/24/09 08:14 PM Loan secured by life insurance policy- Reg U??
M&M Offline
Platinum Poster
Joined: Nov 2003
Posts: 527
Midwest
We have a consumer loan in which the collateral will be the cash value in a variable life insurance policy. The purpose is NOT to purchase stock or securities. Unless something has changed, I don't think that it is subject to Reg U, is it??

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General Discussion
#1256790 - 09/24/09 10:28 PM Re: Loan secured by life insurance policy- Reg U?? M&M
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 77,215
Galveston, TX
If it doesn't involve marginable stock, Regulation U does not apply.
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