No officer or trustee of a society incorporated under this chapter shall, on or after January 1, 1968, borrow any of its funds, become surety for loans by it to others, or directly or indirectly, on behalf of himself or herself or of others, become an obligor for money borrowed from the corporation.
Effective Date: 01-01-1997
Section: Previous 1133.03 1133.04 1133.05 1133.06 1133.07 1133.08 1133.09 1133.10 1133.11 1133.12 1133.13 1133.14 1133.15 1133.16 NextLast modified: October 10, 2016