What is actually a Single credit rule-12 CFR 221.3(d)?

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answerhappygod
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What is actually a Single credit rule-12 CFR 221.3(d)?

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What is actually a Single credit rule-12 CFR 221.3(d)?

A. All purpose credit extended to a customer will be considered to be a single credit for purposes of Regulation U
B. The value of all collateral securing all-purpose loans will be aggregated to determine if it is sufficient
C. If unsecured purpose credit is extended before secured purpose credit, the loans need only be combined for purposes of applying the withdrawal and substitution rules
D. All of the above
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