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#2044443 - 10/15/15 05:11 PM BOD stock as collateral
3-2-Go Offline
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3-2-Go
Joined: Nov 2008
Posts: 403
East
Are there any restrictions to using another banks stock as collateral on a loan to a Board of Director?

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Lending Compliance
#2044452 - 10/15/15 05:20 PM Re: BOD stock as collateral 3-2-Go
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,368
Galveston, TX
Not unless there is something in State law.
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#2044455 - 10/15/15 05:25 PM Re: BOD stock as collateral rlcarey
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Joined: Nov 2008
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East
OK. Thank you.

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