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#643843 - 11/29/06 02:57 PM Bank Stock
lds1958 Offline
Platinum Poster
Joined: Oct 2006
Posts: 508
What percentage of capital can be loaned on Bank Stock? What regulations pertain to Bank Stock?

Thanks

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General Discussion
#643854 - 11/29/06 03:03 PM Re: Bank Stock lds1958
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
National Banks cannot loan against their own stock. State Banks will have to check their own State laws on the subject.
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#643863 - 11/29/06 03:07 PM Re: Bank Stock rlcarey
lds1958 Offline
Platinum Poster
Joined: Oct 2006
Posts: 508
Thanks, I had just realized that I should have posted this question in the Georgia column.

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