Common use of Source of Funds for Loan Clause in Contracts

Source of Funds for Loan. The amount of the loan will be deducted from the Member's Account in the available Investment Funds in accordance with Section 8.2 of this Article and the Plan procedures for determining the amount of payments made under Article VII. Loans shall be deemed to come (to the extent the Employer permits Members to take loans from one or more of the portions of their Accounts, as designated in the Adoption Agreement):

Appears in 6 contracts

Samples: Adoption Agreement (Bridge Street Financial Inc), Employees' Savings & Profit Sharing Plan and Trust (Riverview Bancorp Inc), Adoption Agreement (CCSB Financial Corp)

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