CHAPTER 13. LOANS. LIMITATIONS ON INDEBTEDNESS. BUSINESS STOCK AND MONEY SECURITIES

CHAPTER 13. LOANS. LIMITATIONS ON INDEBTEDNESS. BUSINESS STOCK AND MONEY SECURITIES

GENERAL CONDITIONS

PARTICIPATIONS

INSTALLMENT LOANS

REAL-ESTATE LOANS

AVAILABILITYOF and SIMPLIFICATION BANK CREDIT STATEMENT OF POLICY

EXCLUSION TO CONCEPT OF BRANCH STATEMENT OF POLICY

The conditions for this Chapter 13 released under parts 305, 306 and 309 of this Banking Code of 1965 (7 P. S. В§ В§ 305, 306 and 309), unless otherwise noted.

GENERAL CONDITIONS

В§ 13.1. Definitions.

The words that are following terms, whenever found in this chapter, have actually the next definitions, unless the context plainly suggests otherwise:

Act The Banking Code of 1965 (7 P. S. В§ В§ 1012204).

Indebtedness limitation The particular limitation as used under area 306(a) associated with work (7 P. S. В§ 306(a)).

Nonperishable staples Staples stored or handled to guarantee their security against spoilage when it comes to amount of the mortgage.

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