32-1-412: Limits on excessive borrowing.
Where this section sits in the code
- TITLE 32. FINANCIAL INSTITUTIONS
- CHAPTER 1. BANKS AND TRUST COMPANIES
- Part 4. Operation and Regulation
The department may prevent excessive borrowing by an institution that would have a significant effect on the institution's safety and soundness. If it appears to the department that an institution's borrowing is having a significant effect on the institution's safety and soundness, the department may require the institution to reduce its borrowing within a timeframe determined by the department.
Collected 2026-09-14T04:51:49Z. Source file · JSON