This subpart, issued pursuant to section 304 of the Federal Deposit Insurance Corporation Improvement Act of 1991, 12 U.S.C. § 1828(o), prescribes standards for real estate lending to be used by national banks in adopting internal real estate lending policies.

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Terms Used In 12 CFR 34.61

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.