Title 12
SECTION 160.50
160.50 Letters of credit and other independent undertakings - authority.
§ 160.50 Letters of credit and other independent undertakings - authority. Link to an amendment published at 85 FR 83737, Dec. 22, 2020.A Federal savings association may issue letters of credit and may issue such other independent undertakings as are approved by the OCC, subject to the restrictions in § 160.120.