§ 23-51-132 - Borrowing limit.
23-51-132. Borrowing limit.
Except with the prior written approval of the Bank Commissioner, a state trust company may not have liabilities outstanding exceeding an amount equal to three times its capital base.
23-51-132. Borrowing limit.
Except with the prior written approval of the Bank Commissioner, a state trust company may not have liabilities outstanding exceeding an amount equal to three times its capital base.