Ark. Code § 23-35-802

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-35-802 - Commission or compensation for sale of shares, grant of loans, etc

No credit union shall pay or receive any commission or compensation for securing members, for the sale of its shares, or for the granting of loans to its members or to other credit unions except for loan origination fees which are specifically provided for in § 23-35-603.

Acts 1971, No. 132, § 6; 1979, No. 206, § 1; 1985, No. 936, § 4; A.S.A. 1947, § 67-906.