(b) A member may receive a loan for crops in installments.(c) A borrower may repay the whole loan or any part of a loan on any day on which the credit union is open.(d) A credit union may offer payroll deduction for:(1) the repayment of loans; and(2) deposits into the accounts of members.(e) A credit union may offer direct deposit.Formerly: Acts 1961, c.182, s.23; Acts 1969, c.133, s.6; Acts 1974, P.L.130, SEC.6. As amended by P.L.270-1983, SEC.7; P.L.263-1995, SEC.20.
Indiana Legal Code