Compensation of directors, officers, and committeemen.

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No officer, director or credit committee member shall receive any compensation, directly or indirectly, for the services he performs for the credit union as such officer, director or credit committee member, except the treasurer who may be compensated for his services in the amount and in the way and manner provided for by the board of directors.

HISTORY: 1962 Code Section 8-660; 1952 (47) 1950.


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