{"data":{"id":"us/12-cfr-160.170","jurisdiction":"us","citation":"12 CFR 160.170","heading":"Records for lending transactions.","body":"In establishing and maintaining its records pursuant to § 163.170 of this chapter, each Federal savings association and service corporation should establish and maintain loan documentation practices that:\n(a) Ensure that the institution can make an informed lending decision and can assess risk on an ongoing basis;\n(b) Identify the purpose and all sources of repayment for each loan, and assess the ability of the borrower(s) and any guarantor(s) to repay the indebtedness in a timely manner;\n(c) Ensure that any claims against a borrower, guarantor, security holders, and collateral are legally enforceable;\n(d) Demonstrate appropriate administration and monitoring of its loans; and\n(e) Take into account the size and complexity of its loans.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 160—LENDING AND INVESTMENT"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"2978ec585de0e78f0b533d0472d95b949ad224fab8be2575eb46d3f23d7d810f","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-160.160","next":"us/12-cfr-160.210"},"notice":"GroundRules: Original legal text. Not legal advice."}