UTAH CODE (Last Updated: January 16, 2015) |
Title 7. Financial Institutions Act |
Chapter 9. Utah Credit Union Act |
§ 7-9-28. Loan to credit union official.
Latest version.
- 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