1. Regulations
  2. title 29
  3. chapter IV
  4. part 458
  5. subpart A
  6. subjgrp 17
  7. § 458.34

View all text of Subjgrp 17 [§ 458.30 - § 458.38]

§ 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.

SOURCE: 45 FR 15158, Mar. 7, 1980, unless otherwise noted. Redesignated at 50 FR 31311, Aug. 1, 1985.

CITE AS: 29 CFR 458.34