32-3-407. Conflicts of interest. A director, committee member, officer, agent, or employee of the credit union may not in any manner, directly or indirectly, participate in the deliberation upon or the determination of any question affecting the person's pecuniary interest or the pecuniary interest of any corporation, partnership, or association, other than the credit union, in which the person is directly or indirectly interested.
History: En. 14-626 by Sec. 26, Ch. 38, L. 1975; R.C.M. 1947, 14-626; amd. Sec. 1045, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 32. Financial Institutions
Part 4. Operation and Officers
32-3-403. Election or appointment of officials
32-3-404. Record of board and committee members
32-3-406. Compensation of officials
32-3-407. Conflicts of interest
32-3-409. Authority of directors
32-3-411. Meetings of board of directors and committees
32-3-416. Credit committee or credit manager duties
32-3-418. Suspension and removal of officials
32-3-419. Calling of special meeting