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Section 11-41-125 - Loans to officers and directors — Colorado Law | CourtGPT
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  3. Colorado/
  4. Title 11 - Financial Institutions Banks and Industrial Banks (§§ 11-1-101 — 11-24-107)banking Code (§§ 11-1-101 — 11-11-101)/
  5. Savings and Loan Associations/
  6. Article 41 - Organization and Powers/
  7. Section 11-41-125 - Loans to officers and directors
Colorado Legal Code

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

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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.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.