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ARKANSAS STATUTES AND CODES
§ 23-36-111 - Prohibited loans.
23-36-111. Prohibited loans.
No industrial loan institution shall make any loans directly or indirectly to its officers or directors or to any employee, nor make any loans on capital stock of its own issue.
No industrial loan institution shall make any loans directly or indirectly to its officers or directors or to any employee, nor make any loans on capital stock of its own issue.
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