Which of the Following Transactions Is Subject to the Provisions

question 395

Multiple Choice

Which of the following transactions is subject to the provisions of Regulation O?

• A) Time deposit account held by a director
• B) Travel advance to an executive officer outstanding for less than 30 days
• C) Extension of credit to a director of an unaffiliated, competing, noncorrespondent bank
• D) Extension of credit to a member of the bank's board of directors

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