The prohibition on loans and its accompanying exemptions was introduced in Swedish company law 40 years ago and has since been the target of relentless criticism from Swedish company law scholars. The critique is mainly directed against its scope of application, the tax related motives and the sanctions. In fact, its very existence has been questioned. The prohibition has been referred to as peculiar and irregular, and the same might be said for the different approaches to amend it. This short paper aims to discuss some of the issues regarding the prohibition and to address some of the questions regarding the minority shareholder protection in relation to the prohibition.