No person appointed as member of said Credit Union Board shall receive any compensation for his services; except, that each appointed member of said Credit Union Board shall receive $25.00 per day for each day said Credit Union Board is in session, but in no event to exceed $100.00 for each member of said board during any one month, plus travel expenses payable pursuant to Article 2 of Chapter 7 of Title 36. The compensation going to the seven appointed members of the Credit Union Board shall be paid as earned by the Treasurer on warrants drawn by the Comptroller, in favor of each of them, which warrants are to be drawn on the certificate of the administrator of credit unions, which certificate shall certify that a meeting of said board was held, stating the time of meeting and stating the amount to which each member of the board is entitled.
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.