No bank for cooperatives may make a loan if the consolidated amount of all loans outstanding and undisbursed commitments to that borrower exceeds the following percentages of the lending and leasing limit base of the bank:
Basic limit. (1) Term loans to eligible cooperatives: 25 percent.
Term loans to foreign and domestic parties: 10 percent.
Lease loans qualifying under § 614.4020(a)(3) and applying to the lessee: 25 percent.
Standby letters of credit qualifying under § 614.4810: 35 percent.
Guarantees qualifying under § 614.4800: 35 percent.
Seasonal loans exclusive of commodity loans qualifying under § 614.4231: 35 percent.
Foreign trade receivables qualifying under § 614.4700: 50 percent.
Commodity loans qualifying under § 614.4231: 50 percent.
Export and import letters of credit qualifying under § 614.4720: 50 percent.
Total limit. (1) The sum of term and seasonal loans exclusive of commodity loans qualifying under § 614.4231: 35 percent.
The sum of paragraphs (a)(1) through (a)(9) of this section: 50 percent.
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