Loans
Codes, 1930, § 4251; 1942, § 5412; Laws, 1924, ch. 177; Laws, 1962, ch. 237; Laws, 1971, ch. 514, § 2; Laws, 1975, ch. 444, § 4; Laws, 1979 ch. 307, § 8; reenacted, Laws, 1982, …
(1) Loans to members may be made only in accordance with the NCUA’s rules and regulations, Federal Credit Union Act, state statutes, and any interpretive rulings issued by the NCUA.
(2) No officer or committee member shall act as endorser or guarantor for other borrowers from the same credit union.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.