7-9-28. Loan to credit union official.
54 words·~1 min read·
/ut/title-7/chapter-9/7-9-28A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
7-9-28. Loan to credit union official.
The board of directors shall review and either approve or deny a loan application on which a member of the board of directors, credit committee, supervisory committee, president, or credit manager is a direct obligor, or endorser, cosigner, or guarantor.
Amended by Chapter 182 , 1996 General Session