Fee income and other receipts from letters of credit, acceptance of
drafts, and other guarantees of credit; apportionment
Sec. 7. Fee income and other receipts from letters of credit,
acceptance of drafts, and other devices for assuring or guaranteeing
loans or credit must be apportioned in the same manner as interest
income and other receipts from commercial loans are apportioned.
As added by P.L.347-1989(ss), SEC.1.
Last modified: May 28, 2006