Statutes Flashcards

1
Q

FS 222.13

A

Life insurance proceeds are exempt from creditors claims

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2
Q

FS 222.14

A

Cash value is protected from creditors claims

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3
Q

NCUA 701.19

A

Allows federal credit unions to provide employee benefits and retirement plans

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4
Q

Regulation O

A

Banks must disclose any loans provided to their executives, owners, or board members

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5
Q

OCC 2000-23

A

Provides concentration limits for BOLI and defines what liabilities may be funded

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6
Q

OCC 2004-56

A

Requires pre-purchase analysis and BOLI annual reviews

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