11-41-125. Loans to officers and directors.

Statute text

No officer or director of any savings and loan association shall negotiate for or receive a mortgage loan from such association, except for the bona fide financing of the home of such officer or director, unless the commissioner has first approved such loan.

History

Source: L. 33: p. 358, 16. CSA: C. 25, 84. CRS 53: 122-2-25. L. 55: p. 761, 4. C.R.S. 1963: 122-2-25.