Fees, Commissions or Other Forms of Consideration Prohibited

Checkout our iOS App for a better way to browser and research.

A director, officer, committee member, agent or senior management employee of a credit union, and immediate family members of such individuals shall not, directly or indirectly, receive a fee, commission, or other consideration, other than that person's usual salary or compensation for aiding, promoting, or assisting in a conversion under this chapter.


Download our app to see the most-to-date content.