I beleive I know the answer to this, but wanted validation from someone else.

We made a loan years ago which was within out legal lending limit. Since then, we reduced our capital with a one time large dividend to pay off holding company debt. Now that the loan is up for renewal, it is over our lending limit. Do we need to participate a portion of this out to get it below the limit, or is it grandfathered by its origination date?

You normally have to get it under the threshold at renewal or any rewrite. I looked, but did not see it specifically addressed with the Wisconsin Statutes or Adminstrative Rulings. You might want to call your regulator.

I have an e-mail out to them. I kind of figured, once the old note matured, the new note would require meeting the current lending limits.