(a) In advance of being reinstated to accrual status, a loan must be existing on contractual payments as well as borrower provided servicing in accordance Along with the establishment's insurance policies managed beneath both § 614.
Every single institution may possibly interact exactly the same guide and reviewing audit associates of a qualified community accountant to perform the establishment's audit for not more than 5 consecutive yrs. The establishment should then need the guide and examining audit companions assigned on the establishment's audit staff to rotate out from the audit staff for five a long time.
In 1985, the Chargers begun utilizing navy blue jerseys and returned to sporting white pants. The team's uniform layout was following revamped in 1988. It showcased an even darker shade of navy blue. The lightning bolts over the jerseys and helmets had been white, with navy interior trim and gold outlining; the facemasks turned navy blue. In 1990, the group started to have on navy pants with their white jerseys. From 1988 to 1991, the workforce shown stripes down the trousers rather than lightning bolts.
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The team's struggles to draw admirers reportedly led them to reduced their initial profits goal whenever they moved to the new stadium from $four hundred million to $a hundred and fifty million, and caused some house owners to doubt the Chargers' viability in Los Angeles.
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Just about every institution shall use the next procedures with respect to application of cash payments on nonaccrual financial loans:
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means any account or exposure in which two or maybe more Farm Credit institutions have assumed a portion of the asset's Positive aspects or challenges.
(2) A Farm Credit history establishment may not make an work provide to the associate, concurring spouse, or guide member serving on the institution's audit engagement staff during the audit or in 1 calendar year on the conclusion on the audit engagement.
Should the financial loan is just not adequately secured, it can not be categorized less than this group Unless of course there is evidence to suggest repayment within just a reasonable time frame of both the previous due sum or the remaining principal and desire owed.
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Every single report of monetary situation and efficiency submitted Together with the Farm Credit rating Administration shall be certified as obtaining been prepared in accordance with all applicable restrictions and instructions and to be a true and correct representation in the fiscal affliction and performance of the institution to which it applies.
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