17-5520. Directors, officers and employees purchases from or sales to association.
17-5520
17-5520. Directors, officers and employees purchases from or sales to
association.
No director, officer or employee of an association shall directly or
indirectly or under any circumstances buy assets from or sell assets to the
association unless expressly approved by the board of directors.
History: L. 1943, ch. 133, § 98; July 1.