Rules concerning extensions of credit
| Currency | Current through May 31, 2023 |
| Citation | 12 C.F.R. §202.7 |
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1 cases
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SummitBridge v Sidwell
...least as to Linda and Terri) because there are genuine issues of material fact regarding whether New Frontier violated Regulation B, 12 C.F.R. §§ 202.7(d)(1) and (d)(5), by requiring Linda and Terri to sign the guaranties and whether SummitBridge breached a third-party agreement with the FD......
1 books & journal articles
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§ 6.02 CONTRACTUAL LIABILITY AND OTHER NONTORT OBLIGATIONS
...The once-routine practice of many creditors of asking both spouses to execute promissory notes or credit agreements is prohibited. 12 C.F.R. § 202.7; WAC 162-40-021. Signatures of both spouses are permitted if the separate estate of each is to be obligated. Often, separate estates are neces......