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§ 458.34 Loans to officers or employees.

29 CFR 458.34

Citation29 CFR 458.34
CorpusDaily eCFR
Displayed edition2026-08-31
Last updated2026-08-31

§ 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.