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Interpretation of Law or Regulation: Maximum Maturity Is 18 Months for Down-payment, 60 Day Credit, Changed to Instalment Basis, No Down-payment Required If Sale Made Under Bona Fide Agreement, Number S-379, Volume 55, Page 346

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Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914-1935. Interpretation of Law or Regulation: Maximum Maturity Is 18 Months for Down-payment, 60 Day Credit, Changed to Instalment Basis, No Down-payment Required If Sale Made Under Bona Fide Agreement, Number S-379, Volume 55, Page 346, Mimeograph Letters and Statements of the Board. Board of Governors of the Federal Reserve System (U.S.), 1935-. https://fraser.stlouisfed.org/scribd/?item_id=509674&filepath=/files/docs/historical/redbooks/frsbog_mim_v55_0346.pdf&start_page=1, accessed on August 16, 2017.

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102