Section 6-611 - Prohibited loans.
§ 6-611. Prohibited loans.
A credit union may not make a loan to any person except:
(1) A member of the credit union;
(2) Another credit union; or
(3) A credit union service organization.
[An. Code 1957, art. 11, §§ 152, 161; 1980, ch. 33, § 2; 2001, ch. 147, § 1; ch. 148, § 1.]