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AGO Opinions with Topic: LIMITATION ON AMOUNT OF OBLIGATIONS ACQUIRED BY BANK, WHERE OFFICER IS JOINT MORTGAGOR AS ACCOMMODATION FOR THIRD PARTY
AGO 1950 No. 313 >  July 31, 1950
BANKS - OFFICERS - LIMITATION ON AMOUNT OF OBLIGATIONS ACQUIRED BY BANK, WHERE OFFICER IS JOINT MORTGAGOR AS ACCOMMODATION FOR THIRD PARTY
BANKS ‑- OFFICERS ‑- LIMITATION ON AMOUNT OF OBLIGATIONS ACQUIRED BY BANK, WHERE OFFICER IS JOINT MORTGAGOR AS ACCOMMODATION FOR THIRD PARTY
The obligation of a bank officer as joint mortgagor for accommodation of third party is included in the total amount of obligations of officer which statute permits bank to acquire.
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