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2020 Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 17 - Credit Unions.
Article 1 - General Provisions.
Section 5-17-29 - Penalties - Concealment of Discounts or Loans.
Universal Citation: AL Code § 5-17-29 (2020)
Section 5-17-29
Penalties - Concealment of discounts or loans.
Any officer, director, employee, or committee member of a credit union who intentionally conceals from the directors or a committee of such credit union any discount or loan made for and in behalf of the credit union between the regular meetings of its board of directors or credit committee is guilty of a Class C misdemeanor.
(Acts 1989, No. 89-632, p. 1241, §3.)
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