343 DIRECT OR INDIRECT BORROWINGS
a. Direct borrowing. If the director, officer or stockholder of the lending bank is a party to any of the transactions enumerated in Sec. 342 (Transactions Covered) for himself, or as the representative or agent of others, or if he acts as a guarantor, endorser or surety for loans from the bank, or if the loan or other credit accommodation to another party is secured by a property interest or right of the director, officer or stockholder.
b. Indirect borrowing. If in any of the transactions in Sec. 342 (Transactions Covered) the borrower, guarantor, endorser or surety is a related interest as defined in Sec. 341 (Definitions, Item “e”).