Arkansas Statutes

§ 23-35-802 — Commission or compensation for sale of shares, grant of loans, etc

Arkansas·Title 23
No credit union shall pay or receive any commission or compensation for securing members, for the sale of its shares, or for the granting of loans to its members or to other credit unions except for loan origination fees which are specifically provided for in § 23-35-603 .

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Legislative History

Acts 1971, No. 132, § 6; 1979, No. 206, § 1; 1985, No. 936, § 4; A.S.A. 1947, § 67-906.

Nearby Sections

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