Except as provided in subsection (b) of this section, the Fund Director and employees of the Fund may not: Become indebted to any member association; or Engage or be interested in the sale of securities of or in the negotiation of loans for others to or with any member association. This section does not apply to a loan that a member association makes to a depositor if the loan is less than the amount of the deposit. Any person who violates any provision of this section is subject to dismissal.