Receipt of Consideration or Gratuity Prohibited.

Checkout our iOS App for a better way to browser and research.

Sec. 504.

An officer, director, or employee of a savings bank shall not receive any consideration or gratuity from a borrower for procuring a loan from the savings bank.

History: 1996, Act 354, Imd. Eff. July 1, 1996


Download our app to see the most-to-date content.