2012 Arizona Revised Statutes
Title 6 Banks and Financial Institutions
6-533 Compensation of officials


AZ Rev Stat § 6-533 (through 2nd Reg Sess. 50th Leg. 2012) What's This?

6-533. Compensation of officials

An officer, director or committee member, other than an employee, may not be compensated for services, except that reasonable life, health, accident and similar insurance protection is not considered compensation. Directors, officers and committee members may be reimbursed for necessary personal expenses incidental to the performance of official business of the credit union.

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