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Loans - 17 Pa. Cons. Stat. § 512

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     § 512.  Loans.
        Except as otherwise provided in this title, a credit union
     may make loans to its members only. Loans must be made subject
     to the conditions contained in the bylaws. A borrower may repay
     his loan, in whole or in part, any day the office of the credit
     union is open for business. No director, officer or member of
     any committee may obtain or guarantee a loan from the credit
     union in which he holds office on terms, rates or conditions
     more favorable than those granted to any other member.
     (Dec. 12, 1994, P.L.1067, No.146, eff. 60 days)

Last modified: November 27, 2007