District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 26-507.01: Purpose and conditions of loans.

Where this section sits in the code

Title 26. Banks and Other Financial Institutions.
Chapter 5. Credit Unions.
Subchapter I. Credit Union Act of 2020.
Part G. Loans.

A District credit union may issue loans to members for the purposes and on the conditions prescribed by the board of directors. The board of directors shall establish written policies with respect to granting loans and extending lines of credit, including the terms, conditions, and acceptable forms of security.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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