PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan loans made after December 31, 2001, plan provisions prohibiting loans to any owner-employee or shareholder-employee shall cease to apply.
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Samples: Trust Agreement (Union Community Bancorp), Garmin LTD
PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan For loans made after December 31, 2001, plan for purposes of Section 5.8.4, Plan provisions prohibiting loans to any ownerOwner-employee Employee or shareholder-employee shall cease to apply.
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PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. [X] Not Applicable [ ] Effective for plan loans made after December 31, 2001, plan Plan provisions prohibiting loans to any owner-employee or shareholder-employee shall cease to apply.
Appears in 1 contract
Samples: Southwest Community Bancorp
PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan Plan loans made after December 31, 2001, plan Plan provisions prohibiting loans to any owner-employee or shareholder-employee shall cease to apply.
Appears in 1 contract
Samples: Corvas International Inc
PLAN LOANS FOR OWNER-EMPLOYEES AND SHAREHOLDER EMPLOYEES. Effective for plan loans Plan Loans made after December 31, 2001, plan provisions prohibiting loans Loans to any owner-employee or shareholder-employee shall cease to apply.
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