Loans - Section 3. 7.1 provides that the Employer may elect to permit loans to Participants and Beneficiaries in accordance with a participant loan program adopted by the Trustee.
Appears in 2 contracts
Samples: Adoption Agreement for a Profit Sharing Plan (Main Street Banks Inc /New/), Adoption Agreement (Trek Resources Inc)
Loans - Section 3. 7.1 provides that the Employer may elect to permit loans to Participants and Beneficiaries in accordance with a participant loan program adopted by the Trustee. ( )
a. Loans are permitted. (X) b. Loans are not permitted.
Appears in 2 contracts
Samples: Adoption Agreement (Jones Medical Industries Inc /De/), Adoption Agreement (Southbanc Shares Inc)
Loans - Section 3. 7.1 7.1. provides that the Employer may elect to permit loans to Participants and Beneficiaries in accordance with a participant loan program adopted by the Trustee.
Appears in 1 contract
Samples: Adoption Agreement (Security Associates International Inc)
