Directors, committee members, and officers shall disclose all existing and potential conflicts of interest to the board of directors. No director, committee member, officer, or employee of a District credit union shall, in any manner, directly or indirectly, participate in the deliberation upon, or the determination of, any question affecting his or her pecuniary interest or the pecuniary interest of any corporation, partnership, or association in which he or she is directly or indirectly interested.
(May 6, 2020, D.C. Law 23-86, § 507, 67 DCR 3476.)
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Subchapter I - Credit Union Act of 2020
Part E - Credit Union Governance
§ 26–505.01. Authority and duty of a board of directors
§ 26–505.02. Election of a board of directors
§ 26–505.03. Appointment of committees
§ 26–505.05. Compensation of officials
§ 26–505.06. Limited liability of directors and officers
§ 26–505.07. Conflicts of interest