OCC and FDIC Issue Final Rules on “Valid When Made”

September 2020
The Banking Law Journal

This article explains a final rule recently issued by the Office of the Comptroller of the Currency, which codifies as a regulation that the interest charged on loans that is permissible before a loan is transferred remains in effect after the loan is transferred.

A version of this article was originally published by Chapman and Cutler LLP on June 1, 2020, and was republished by The Banking Law Journal in its September 2020 issue. The republished article is linked below with permission.

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