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Electronic Code of Federal Regulations

e-CFR data is current as of June 4, 2020

Title 29Subtitle BChapter IVSubchapter BPart 458Subpart A → §458.34


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


§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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