Section 11-351-9 - Disapproval of loan applications The director may disapprove the loan application for any of the following reasons:
(1) Applicant cannot meet certain practical credit requirements established by the loan advisory committee;(2) Applicant's moral character is questionable as determined by the loan advisory committee; or(3) Applicant fails to meet other criteria deemed necessary by the loan advisory committee in justifying or granting a loan.[Eff JUN 25 1992] (Auth: §§ 321-24, 321-25, 321-26) (Imp: §§ 321-24, 321-25, 321-26)