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Code · CFR · Title 12 — Banks and Banking · Part 708a — Bank Conversions and Mergers · § 708a.310

§ 708a.310. Limits on compensation of officials.

39 words·~1 min read·/us/cfr/t12/s§ 708a.310·

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No director or senior management official of an insured credit union may receive any economic benefit in connection with the merger of a credit union other than reasonable compensation and other benefits paid in the ordinary course of business.
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