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Loan Guarantees & the Legal Lending Limit

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Question: 
Do loan guarantees count toward the legal lending limit that a national bank can loan to one customer?
Answer: 

You are going to have to review the combination rules under 12 CFR 32.5 for a definitive answer. Most of the time, the answer is yes.

First published on BankersOnline.com 5/24/10

First published on 05/24/2010

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