370.210. Compensation not allowed for board of directors — approval of other salaries required.
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/mo/chapter-370/370-210A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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