32-2-907: No certificate of deposit to be issued for borrowed money.
Where this section sits in the code
- TITLE 32. FINANCIAL INSTITUTIONS
- CHAPTER 2. MUTUAL SAVINGS AND LOAN ASSOCIATIONS
- Part 9. Operation and Regulation
A mutual association may not issue its certificate of deposit for the purpose of borrowing money or make partial payments on any certificate of deposit.
Collected 2026-09-14T04:51:56Z. Source file · JSON