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2006 Alabama Code - Section 5-17-31 — Penalties - Receipt of property other than in payment for just demand.

Any director, officer, committee member, or employee of a credit union who knowingly receives or possesses himself of any of its property otherwise than in payment for a just demand and with intent to defraud shall be guilty of a Class C felony.

(Acts 1989, No. 89-632, p. 1241, §5.)

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