No industrial loan institution shall make any loans directly or indirectly to its officers or directors or to any employee, nor make any loans on capital stock of its own issue.Acts 1941, No. 111, § 18; A.S.A. 1947, § 67-1018.
Arkansas Legal Code
No industrial loan institution shall make any loans directly or indirectly to its officers or directors or to any employee, nor make any loans on capital stock of its own issue.Acts 1941, No. 111, § 18; A.S.A. 1947, § 67-1018.