29 C.F.R. § 458.34   Loans to officers or employees.


Title 29 - Labor


Title 29: Labor
PART 458—STANDARDS OF CONDUCT
Subpart A—Substantive Requirements Concerning Standards of Conduct
Additional Provisions Applicable

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§ 458.34   Loans to officers or employees.

No labor organization shall directly or indirectly make any loan to any officer or employee of such organization which results in a total indebtedness on the part of such officer or employee to the labor organization in excess of $2,000.

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