Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 1140 - Division of Finance
Chapter 20 - Association Loans
Section 20 CSR 1140-20.052 - Loans to Officers, Directors and Employees

Universal Citation: 20 MO Code of State Regs 1140-20.052
Current through Register Vol. 49, No. 6, March 15, 2024

PURPOSE: This rule authorizes the types of loans an association may make to its officers, directors and employees.

An association may make any loans to its officers, directors and employees that fully comply with the applicable terms and conditions of this chapter, provided that all such loans must conform to the restrictions set forth in applicable federal regulations.

Copies of all referenced federal regulations are available at a cost established by state law to any interested party at the Division of Finance, Room 630, 301 West High Street, Jefferson City, Missouri or the Office of the Secretary of State at a cost established by state law.

*Original authority: 369.144, RSMo 1971, amended 1982, 1983, 1984, 1989, 1994; 369.229, RSMo 1971, amended 1983, 1994; and 369.249 and 369.299, RSMo 1971, amended 1994.

Disclaimer: These regulations may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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