Statutes Flashcards
1
Q
FS 222.13
A
Life insurance proceeds are exempt from creditors claims
2
Q
FS 222.14
A
Cash value is protected from creditors claims
3
Q
NCUA 701.19
A
Allows federal credit unions to provide employee benefits and retirement plans
4
Q
Regulation O
A
Banks must disclose any loans provided to their executives, owners, or board members
5
Q
OCC 2000-23
A
Provides concentration limits for BOLI and defines what liabilities may be funded
6
Q
OCC 2004-56
A
Requires pre-purchase analysis and BOLI annual reviews