§ 1366

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

A bank may make a loan, otherwise complying with the provisions of this division, for the benefit of a trust, notwithstanding that the bank or any one or more executive officers or directors of the bank are trustees of the trust.

Other sections in Article 2 - Loans to Insiders

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