Regulation .30 Loans.
Regulation .30 Loans.LinkCopy Citation
A.
The application documents shall state each loan made by the applicant in an amount that exceeds 1 percent of the applicant's net income for the year in which the loan was made.
B.
The disclosure for each loan listed under §A of this regulation shall include:
(1)
The name and address of the borrower;
(2)
The amount of the loan;
(3)
The terms of the loan; and
(4)
A copy of each document executed with respect to the loan.