Colorado Statutes
§ 11-41-124 — Officers or directors to receive no commission
No officer or
director of any savings and loan association shall take or receive for himself,
directly or indirectly, any commission, compensation, remuneration, gift,
speculative interest, or other thing of value as an inducement to the making of any
loan by the association or the purchase of any securities for the association or for
the sale of any of the stock of the association.
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Legislative History
Source: L. 33: p. 354, � 6. CSA: C. 25, � 74. CRS 53: � 122-2-24. C.R.S. 1963: � 122-2-24.
Nearby Sections
15
§ 11-10.5-101
Short title§ 11-10.5-102
Legislative declaration§ 11-10.5-103
Definitions§ 11-10.5-104
Applicability of article§ 11-10.5-105
Authority of banking board§ 11-10.5-107
Eligible collateral - uninsured public deposits§ 11-10.5-109
Verification of collateral held - reports required§ 11-10.5-110
Procedures when event of default occurs§ 11-10.5-112
Annual fees and assessments§ 11-101-101
Short title§ 11-101-102
Declaration of policy§ 11-101-201
Effect on existing banks§ 11-101-301
Application of code§ 11-101-302
No private right of action