NMSA 53-8-29. Loans to directors and officers — United States — New Mexico law | Esheria

NMSA 53-8-29. Loans to directors and officers

A director or officer who helps approve or make a loan to a director or officer is personally liable to the corporation for the loan amount until it is repaid.

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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loans to directors and officers

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