§ 6.1-234. Amount of loan
No loan made by an industrial loan association shall be made for a greater amount in the aggregate to any person, firm or corporation than twenty percent of the paid-in capital stock and capital surplus of the association.
(Code 1950, §§ 6-250, 6-253, 6-254; 1952, c. 70; 1956, c. 433; 1966, c. 584; 1968, c. 754; 1975, c. 448; 1981, c. 56.)
Sections: Previous 6.1-229 6.1-230 6.1-231 6.1-232 6.1-232.1 6.1-232.2 6.1-233 6.1-234 6.1-234.1 6.1-235 6.1-236 6.1-237 6.1-237.1 6.1-237.2 6.1-237.3 NextLast modified: April 2, 2009