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Bill Title: Loans to credit union officers. For purposes of the statute authorizing a state chartered credit union to make a loan to an officer of the credit union, makes the lending limit consistent with federal law that applies to loans to officers of a bank. (Current law provides that the total of all such outstanding loans may not exceed $100,000.)

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Passed) 2016-03-21 - Public Law 40 [SB0242 Detail]

Download: Indiana-2016-SB0242-Enrolled.pdf

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