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#32045 - 09/10/02 10:09 PM Limits on Empoyee Loan Program
SJB Offline
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SJB
Joined: Jun 2002
Posts: 1,210
California
We have adopted an employee loan program. Loans to insiders and executive officers are of course subject to Reg O limitations. Now the question has come up whether there are any limits on total loans to all employees? I am not aware of any but want to check with you pros.
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#32046 - 09/10/02 11:07 PM Re: Limits on Empoyee Loan Program
Andy_Z Offline
10K Club
Andy_Z
Joined: Oct 2000
Posts: 27,542
On the Net
Not outside of the Reg. O limits, which do not apply to all the employees.

"O" was written to prevent insider abuse. This is not likely to occur with an employee portfolio.
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AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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