Member or employee not to participate in matters in which he or she has pecuniary interest; penalty

1. Law
2. Mississippi Code
3. Banks and Financial Institutions
4. Credit Unions
5. Member or employee not to participate in matters in which he or she has pecuniary interest; penalty

A member of the board of directors or a member of the credit committee or supervisory committee or an employee of a credit union may not participate in the deliberation or the determination of a question affecting his own pecuniary interest or the pecuniary interest of a corporation, partnership or association in which he is interested. Any person who violates this section may not thereafter serve as an officer, agent or employee of a credit union.

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