(a) In addition to any general conflict of interest statute applicable to District employees, no employee of the Department shall be an officer, director, committee member, employee, or attorney for any credit union, or receive, directly or indirectly, any payment or gratuity from any credit union, or be indebted to any credit union, or engage in the negotiation of loans for others with any credit union.
(b) An employee of the Department may be a member of a credit union on the same terms as are available to other credit union members and may do business at another financial institution on the same terms as other customers.
(May 6, 2020, D.C. Law 23-86, § 1010, 67 DCR 3476.)
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Subchapter I - Credit Union Act of 2020
Part J - Supervision and Regulation
§ 26–510.01. Supervision and regulation of credit unions
§ 26–510.02. Deposit of fees in the Securities and Banking Trust Fund
§ 26–510.03. Powers of Commissioner
§ 26–510.04. Involuntary merger of credit union
§ 26–510.05. Involuntary liquidation