§ 1655.11 Loan acceptance.
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
If the requirements set forth in §§ 1655.2, 1655.4, and 1655.6(a) are satisfied, the TSP record keeper will nevertheless reject a loan request if:
(a) The participant has failed to provide all required information on the loan request;
(b) The participant has a pending loan request or in-service withdrawal request; or
(c) A hold has been placed on the account pursuant to 5 CFR 1653.3(c).
[87 FR 31693, May 24, 2022]
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