ยง412:7-304 - Loans and extensions of credit to executive officers, directors, principal shareholders and affiliates.
ยง412:7-304ย Loans and extensions of
credit to executive officers, directors, principal shareholders and
affiliates.ย No savings and loan association shall make any loan or
extension of credit in violation of section 11 of the Home Owners' Loan Act of
1933, as amended, 12 U.S.C. ยง1468. [L 1993, c 350, pt of ยง1]
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