Indemnification off Administrators and you will Officials Lender may, in pursuance of their liberties as a collector, permit indemnification regarding a financial employee just who serves as an excellent movie director from a borrower business undergoing a chapter X reorganization. OCC Interpretive Letter old August dos, 1977 [1978-1979 Transfer Binder] Fed. Banking L. Agent. (CCH) 85,002. Come across as well as OBRE Interpretive Page 91-sixteen (July 12, 1991).
Point 5(19) of loans Clayton AL your Illinois Financial Work [205 ILCS 5/5(19)]; OBRE Interpretive Page 91-16 (; OCC Interpretive Letter 404 [1988-1989 Transfer Binder] Provided. Read More
