Before entering upon the duties of their respective offices, the administrator shall cause the Division of Risk Management of the Department of Finance or its successor agency to include each employee of the Alabama Credit Union Administration under a bond to be fixed and approved by the administrator, for the faithful performance of their duties.
Structure Code of Alabama
Title 5 - Banks and Financial Institutions.
Article 2 - Alabama Credit Union Administration.
Section 5-17-41 - Administrator - Appointment; Vacancy; Eligibility.
Section 5-17-42 - Administrator - Oath; Bond.
Section 5-17-43 - Official Seal; Use of Sealed Papers as Evidence; Recording.
Section 5-17-44 - Removal From Office of Administrator or Board Member.
Section 5-17-45 - Legislative Findings; Powers of Credit Unions; Agreements; Reports.
Section 5-17-48 - Annual Report; Public Distribution of Report and Other Material.
Section 5-17-49 - Violations to Be Submitted to Grand Jury.
Section 5-17-50 - Employment and Compensation of Necessary Personnel; Assistant Administrator.
Section 5-17-51 - Immunity From Personal Liability.
Section 5-17-52 - Oath and Duties of Examiner.
Section 5-17-54 - Bond of Alabama Credit Union Administration Employees.
Section 5-17-55 - Credit Union Board Created; Composition; Appeals.
Section 5-17-56 - Meetings; Executive Sessions; Confidential Information.
Section 5-17-58 - Compensation and Expenses of Board Members.
Section 5-17-59 - Applicability of Alabama Business Corporation Act.
Section 5-17-60 - Confidentiality of Conditions and Affairs of Credit Unions; Disclosures.