TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 330 LENDING LIMITS
SECTION 330.20 RENEWALS OF LOANS OR EXTENSIONS OF CREDIT
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 330 LENDING LIMITS
SECTION 330.20 RENEWALS OF LOANS OR EXTENSIONS OF CREDIT
Section 330.20 Renewals of Loans or Extensions of Credit
A renewal of a loan or extension of credit shall not be deemed to be a new loan or extension of credit except in instances when interest on the renewed loan or extension of credit is capitalized.