District of Columbia Statutes
§ 26-507.01 — Purpose and conditions of loans.
District of Columbia § 26-507.01
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 5Credit Unions.
Subch. ICredit Union Act of 2020.
Part GLoans.
This text of District of Columbia § 26-507.01 (Purpose and conditions of loans.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 26-507.01 (2026).
Text
A District credit union may issue loans to members for the purposes and on the conditions prescribed by the board of directors. The board of directors shall establish written policies with respect to granting loans and extending lines of credit, including the terms, conditions, and acceptable forms of security.
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Nearby Sections
15
§ 26-1001
Definitions.§ 26-1002
License required.§ 26-1003
Exemptions.§ 26-1004
License qualifications.§ 26-1006
License application.§ 26-1007
Bond or other security device.§ 26-1008
Application fee.§ 26-1009
Issuance of license.§ 26-1011
Special reporting requirements.§ 26-1012
Changes in control of a licensee.§ 26-1013
Examinations.§ 26-1014
Maintenance of records.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 26-507.01, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-507.01.