Utah Admin. Code R337-4-5 - Prohibited Member Business Loans

A credit union service organization may not extend a member business loan to the following individuals of the credit union service organization or credit unions which invest in or lend to the credit union service organization; or in entities in which these persons have control:

(1) board members;
(2) executive officers; and
(3) appointed committee members.


Utah Admin. Code R337-4-5

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