Form FR T-4 FR T-4 Statement of Purpose for an Extension of Credit by a Cre

FR T-4
OMB Number 7100-0011
Approval expires June 30, 2021
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Board of Governors of the Federal Reserve System

Statement of Purpose for an Extension of Credit
by a Creditor—FR T- 4

Name of Creditor

This form is required by law (15 U.S.C. §§ 78g and 78w; 12 C.F.R.
§ 220).

The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to, a collection of
information unless it displays a currently valid OMB control number.

Instructions
1. This form must be completed only if the purpose of the credit being extended is not to purchase, carry, or trade in securities and the
credit is in excess of that otherwise permitted under Regulation T. (See § 220.6(e)(2)).
2. If space is inadequate, attach separate sheet.

Part I
To be completed by customer(s)
1. What is the amount of the credit being extended?
2. The borrower acknowledges that no part of this credit will be used to purchase, carry, or trade in securities. The purpose of the credit
is described in detail as follows:

3. Are any of the securities listed in Part II to be delivered, or have any such securities been delivered from a bank, broker, dealer, or
other person on a "delivery against payment" basis?
Yes

No

I (We) have read this form and certify that to the best of my (our) knowledge and belief the information given is true, accurate,
and complete.
Signed:

Signed:

Borrower's Signature

Print or Type Name

Date

Borrower's Signature

Date

Print or Type Name

This form should not be signed if blank.
A borrower who falsely certifies the purpose of a credit on this form or otherwise willfully or intentionally evades
the provisions of Regulation T will also violate Federal Reserve Regulation X, "Borrowers of Securities Credit."
Public reporting burden for this collection of information is estimated to average 10 minutes per response, including the time to gather and maintain data in the required form and to review
instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing
this burden, to Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551; and to the Office of Management and Budget, Paperwork
Reduction Project (7100-0011), Washington, DC 20503.
06/2018

FR T-4
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Part II
To be completed by creditor
The following is a listing of collateral, if any, securing this credit.
1. Collateral consisting of securities with loan value under Regulation T (refer to the Supplement to Regulation T).
Number of Shares
or Other Unit

Market Price

Date and Source
of Valuation1

Total Market
Value Per Issue

Itemize Separately by Issue

Market Price

Date and Source
of Valuation1

Total Market
Value Per Issue

Itemize

Current
Market Value

Date and Source
of Valuation1

Good Faith
Loan Value

Itemize Separately by Issue

2. Collateral consisting of securities having no loan value under Regulation T.
Number of Shares
or Other Unit

3. Other collateral.

I am a duly authorized representative of the creditor. I have read this form and any attachments, and have accepted the customer's
statement in Part I in good faith as defined below,2 and I certify that to the best of my knowledge and belief, all the information given is
true, accurate, and complete.
Signed:

Authorized Representative's Signature

Date

Print or Type Name

Title

1. Creditor need not complete fields for Date and Source of valuation if the market value was obtained from regularly published or disseminated information in either a journal of general circulation or an automated quotation system.
2. To accept the customer's statement in good faith, the duly authorized representative of the creditor must be alert to the circumstances surrounding the
credit and, if in possession of any information that would cause a prudent person not to accept the statement without inquiry, must have investigated
and be satisfied that the statement is truthful. Among the facts which would require such investigation are receipt of the statement through the mail or
from a third party.

This form must be retained by the lender for three years after the credit is extinguished.
06/2018