2021 Tennessee Code
Chapter 11 - Financial Institutions Conversion Act
§ 45-11-109. Fees, Commissions or Other Forms of Consideration Prohibited

A director, officer, committee member, agent or senior management employee of a credit union, and immediate family members of such individuals shall not, directly or indirectly, receive a fee, commission, or other consideration, other than that person's usual salary or compensation for aiding, promoting, or assisting in a conversion under this chapter.