Payment of loans.

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A borrower may repay the whole or any part of his loan in any day on which the office of the credit union is open for the transaction of business. For the failure to pay the interest or any installment required by the terms of the loan, the borrower may be fined if the bylaws so prescribe.

HISTORY: 1962 Code Section 8-670; 1952 (47) 1950.


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