An amendment to prohibit fees in excess of the administrative cost of restructuring loans. The lending banking institution, when restructuring the loans, is to amortize the fee over the life of the loan in question.

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Amendment Number
329
Description
An amendment to prohibit fees in excess of the administrative cost of restructuring loans. The lending banking institution, when restructuring the loans, is to amortize the fee over the life of the loan in question.
Congress
98
Type
HAMDT
Latest Action Date
Aug 3, 1983
Latest Action Text
Amendment Passed in Committee of the Whole by Division Vote: 24 - 16.
Submitted Date
Aug 3, 1983
Chamber
House of Representatives
Update Date
Jun 30, 2021
Amendment 329 — Informed