Limit on compensation of officials.

CFR · 2024-01-01 · US · Title 12

No director or senior management official of an insured credit union may receive any economic benefit in connection with the conversion of a credit union other than compensation and other benefits paid to directors or senior management officials of the converted institution in the ordinary course of business.

official document · source cfr-2024 · id 12:§ 708a.111