§ 6.2-1410. (Effective October 1, 2010) Amount of loan.
No loan made by an association shall be made for a greater amount in theaggregate to any person than 20 percent of the paid-in capital stock andcapital surplus of the association.
(Code 1950, §§ 6-250, 6-253, 6-254; 1952, c. 70; 1956, c. 433; 1966, c. 584,§ 6.1-234; 1968, c. 754; 1975, c. 448; 1981, c. 56; 2010, c. 794.)
§ 6.2-1410. (Effective October 1, 2010) Amount of loan.
No loan made by an association shall be made for a greater amount in theaggregate to any person than 20 percent of the paid-in capital stock andcapital surplus of the association.
(Code 1950, §§ 6-250, 6-253, 6-254; 1952, c. 70; 1956, c. 433; 1966, c. 584,§ 6.1-234; 1968, c. 754; 1975, c. 448; 1981, c. 56; 2010, c. 794.)
§ 6.2-1410. (Effective October 1, 2010) Amount of loan.
No loan made by an association shall be made for a greater amount in theaggregate to any person than 20 percent of the paid-in capital stock andcapital surplus of the association.
(Code 1950, §§ 6-250, 6-253, 6-254; 1952, c. 70; 1956, c. 433; 1966, c. 584,§ 6.1-234; 1968, c. 754; 1975, c. 448; 1981, c. 56; 2010, c. 794.)
