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Session Laws, 2002
Volume 800, Page 4876   View pdf image
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S.B. 776 VETOES
(i) Shall be bonded; (ii) [Shall be a citizen of the United States; (iii)] May not have been convicted of any criminal offense involving
dishonesty or breach of trust; [(iv)] (III) May not have habitually neglected to pay any debts; [(v)] (IV) May not become insolvent or bankrupt while serving on
the supervisory committee; and [(vi)] (V) May not have been removed by the Commissioner or any
state or federal regulatory agency as an officer, official, or employee of a financial
institution. 6- 602. (e) (2) Each member of the credit committee: (i) Shall be a member of the credit union for the period of time
required under the bylaws; (ii) Shall be bonded; (iii) [Shall be a citizen of the United States; (iv) ] May not have defaulted on the payment of any monetary
obligation to the credit union; [(v)] (IV) May not have been convicted of any criminal offense
involving dishonesty or breach of trust; [(vi)] (V) May not have habitually neglected to pay any debts; [(vii)] (VI) May not have been insolvent or bankrupt within 5 years
of becoming a member and may not become insolvent or bankrupt while serving as a
member; and [(viii)] (VII) May not have been removed by the Commissioner or any
state or federal regulatory agency as an officer, official, or employee of a financial
institution. Title 7. Credit Union SHARE Insurance [Corporation].
SUBTITLE 1. CREDIT UNION INSURANCE CORPORATION.
PARTI. DEFINITIONS. 7- 101. (a) In this [title] SUBTITLE the following words have the meanings indicated. (b) "Corporation" means the Credit Union Insurance Corporation. (c) "Credit union" means:
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Session Laws, 2002
Volume 800, Page 4876   View pdf image
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