667.010 Loans.
60 words·~1 min read·
/fl/title-xxxviii/chapter-667/667-010·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
On an annual average, based on monthly computations, a savings bank shall have invested at least 50 percent of assets, other than liquid assets of a savings bank invested in either real estate loans or interests therein on home property or primarily residential property and not more than 30 percent invested in loans for agricultural, business, corporate, or commercial purposes.