D.C. Code § 26-505.05

Current through codified legislation effective September 18, 2024
Section 26-505.05 - Compensation of officials
(a)
(1) A District credit union may compensate an officer, director, or committee member for the member's services to the District credit union.
(2) Life, health, accident, and similar insurance protection provided by a District credit union to an officer, director, or committee member shall not be considered compensation.
(b) A District credit union may reimburse directors, officers, and committee members for necessary expenses incidental to the performance of the official business of the District credit union.

D.C. Code § 26-505.05

May 6, 2020, D.C. Law 23-86, § 505, 67 DCR 3476.