Loans to officers and directors

11-41-125. Loans to officers and directors. No officer or director of any savings and loan association shall negotiate for or receive a mortgage loan from such association, except for the bona fide financing of the home of such officer or director, unless the commissioner has first approved such loan. Source: L. 33: p. 358, � 16. CSA: C. 25, � 84. CRS 53: � 122-2-25. L. 55: p. 761, � 4. C.R.S. 1963: � 122-2-25.