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2020 Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 17 - Credit Unions.
Article 2 - Alabama Credit Union Administration.
Section 5-17-42 - Administrator - Oath; Bond.
Universal Citation: AL Code § 5-17-42 (2020)
Section 5-17-42
Administrator - Oath; bond.
The administrator, before entering upon the discharge of his or her duties, shall take and subscribe to the oath prescribed by the constitution and laws of this state, and shall cause the Division of Risk Management of the Department of Finance or its successor agency to cover the administrator by bond. The oath shall be filed with the Secretary of State.
(Acts 1985, No. 85-457, p. 425, §19; Act 2016-133, §1.)
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