Rule 1301:1-3-04 | Insider loans.

• Effective: May 19, 2025
• Promulgated Under: 119.03

Except as provided by 12 C.F.R. Part 215, as in effect on May 6, 2024, and subject to the same limitations and reporting requirements identified therein, no state bank may extend credit in any manner to any of its executive officers, directors, or principal shareholders, or to any of their related interests.

Last updated May 19, 2025 at 8:08 AM

Supplemental Information

Authorized By: 1121.03
Amplifies: 1109.23, 1109.24
Five Year Review Date: 5/9/2030
Prior Effective Dates: 5/29/1997, 2/18/2002, 2/3/2007, 8/6/2015, 11/22/2019