1. (1) The aggregate of the total net investment in such sale-leaseback transactions, at any point, in time does not exceed 50% of the depository institution's total capital; and
2. (2) The sale-leaseback transactions are separately identified.

A depository institution acting as a lessor may lease used property in a sale-leaseback transaction provided that:

KEY: financial institutions, leases

Date of Last Change: March 9, 2012

Notice of Continuation: July 13, 2022

Authorizing, and Implemented or Interpreted Law: 7-1-301(4); 7-1-301(8)(a); 7-1-501