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Code · Illinois · Chapter 205 — FINANCIAL REGULATION · Act 305

Sec. 54. Loans to associations.

47 words·~1 min read·/il/chapter-205/act-305/54

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Sec. 54. Loans to associations. A credit union may make loans to any credit union association or corporation, of which the credit union is a member or shareholder, except that the aggregate of all such loans shall not exceed 5% of the assets of the credit union.
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