7-9-28 - Loan to credit union official.

7-9-28. Loan to credit union official.
The board of directors shall review and either approve or deny a loan application onwhich a member of the board of directors, credit committee, supervisory committee, president, orcredit manager is a direct obligor, or endorser, cosigner, or guarantor.

Amended by Chapter 182, 1996 General Session