Significant Legal Opinions by Office of General Counsel, Federal Home Loan Bank Board, on Provisions Contained in Depository Institutions Deregulation and Monetary Control Act of 1980 (96-221). PDF Download

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Significant Legal Opinions by Office of General Counsel, Federal Home Loan Bank Board, on Provisions Contained in Depository Institutions Deregulation and Monetary Control Act of 1980 (96-221).

Significant Legal Opinions by Office of General Counsel, Federal Home Loan Bank Board, on Provisions Contained in Depository Institutions Deregulation and Monetary Control Act of 1980 (96-221). PDF Author: United States. Federal Home Loan Bank Board
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 280

Book Description


Significant Legal Opinions by Office of General Counsel, Federal Home Loan Bank Board, on Provisions Contained in Depository Institutions Deregulation and Monetary Control Act of 1980 (96-221).

Significant Legal Opinions by Office of General Counsel, Federal Home Loan Bank Board, on Provisions Contained in Depository Institutions Deregulation and Monetary Control Act of 1980 (96-221). PDF Author: United States. Federal Home Loan Bank Board
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 280

Book Description


Federal Register

Federal Register PDF Author:
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Annotated Manual of Statutes and Regulations

Annotated Manual of Statutes and Regulations PDF Author: United States
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The Code of Federal Regulations of the United States of America PDF Author:
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The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.

Washington Financial Reports

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Category : Banking law
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The Arkansas Register PDF Author:
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Attorney General Opinion No. 1981-158

Attorney General Opinion No. 1981-158 PDF Author: Robert T. Stephan
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ISBN:
Category :
Languages : en
Pages :

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The "most favored lender" doctrine established under 12 U.S.C. section 85 permits national banks to charge the maximum rate of interest permitted under state law to any competing lender. Section 521 of P.L. 96-221, the Depository Institutions Deregulatory and Monetary Control Act of 1980, accords most favored lender status to state-chartered, federally-insured banks. Thus, by virtue of the most favored lender doctrine and the express provisions of said section 521 (12 U.S.C. section 1831d), state banks in Kansas may charge interest at a rate which is the greatest of either: (1) one percent over the discount rate on ninety-day commercial paper in effect at the federal reserve bank in the federal reserve district where the bank is located; (2) the rate specifically prescribed for state banks by the laws of Kansas; or (3) the highest rate available to lenders generally pursuant to the laws of Kansas. Additionally, interest rates on agricultural and business loans of $1,000 or more have been preempted by federal legislation, and such rates are now prescribed by section 324 of P.L. 96-399. Cited herein: K.S.A. 1980 Supp. 16a-2-401, as amended by section 1 of 1981 House Bill No. 2578, L. 1980, ch. 76, section 1, 12 U.S.C. sections 85, 86a, 1831d, P.L. 96-221, sections 501, 511, 512, 521, 522, 523, 525, P.L. 96-399, section 324, 12 C.F.R. section 7.7310.

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Depository Institutions Deregulation and Monetary Control Act of 1980

Depository Institutions Deregulation and Monetary Control Act of 1980 PDF Author: United States. Congress. Conference Committees, 1980
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 90

Book Description