533.209 Conflicts of interest.
66 words·~1 min read·
/ia/chapter-533-credit-unions/533-209·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. A director, committee member, officer, or employee of a state credit union shall not directly or indirectly participate in either the deliberation upon or the determination of any matter in which the director, committee member, officer, or employee has a direct or indirect interest.
2. For the purposes of this section, an “interest” may include, but is not limited to, a pecuniary or familial interest.