Common use of Loans - Section 3 Clause in Contracts

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/), Southbanc Shares Inc

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Loans - Section 3. 7.1 5.1 provides that the Employer may elect to permit loans to Participants and Beneficiaries in accordance with a participant Participant loan program adopted by the TrusteeTrustee(s). ( ) [X] a. Loans are permitted. (X) [ ] b. Loans are not permitted.

Appears in 1 contract

Samples: Southwest Community Bancorp

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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. ( (x) a. Loans are permitted. (X( ) b. Loans are not permitted.

Appears in 1 contract

Samples: Capstone Pharmacy Services Inc

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