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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 370

Effective - 28 Aug 1982 bottom

  370.210.  Compensation not allowed for board of directors — approval of other salaries required. — 1.  No member of the board of directors or of the credit or supervisory committees shall receive any compensation for his services as a member of the board or committee.

  2.  No salary shall be paid any officer or other employee of a credit union except such as may have been duly approved by the board of directors.

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(RSMo 1939 § 5529, A.L. 1972 S.B. 502, A.L. 1982 H.B. 1099)

Prior revision: 1929 § 5087


---- end of effective   28 Aug 1982 ----

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