Montana Statutes

§ 32-3-406 — Compensation Of Officials

Montana § 32-3-406
JurisdictionMontana
Title 32FINANCIAL INSTITUTIONS
Ch. 3CREDIT UNIONS
Part 4Operation and Officers

This text of Montana § 32-3-406 (Compensation Of Officials) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mont. Code Ann. § 32-3-406 (2026).

Text

32-3-406 . Compensation of officials.

(1)An official of the credit union, other than the treasurer or an employee, may not be compensated for service in that position.
(2)For the purposes of this section, the following payments are allowed and are not considered compensation:
(a)necessary expenses incidental to the performance of official business of the credit union; or
(b)reasonable life, health, accident, and similar insurance protection for an official.

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Legislative History

En. 14-625 by Sec. 25, Ch. 38, L. 1975; R.C.M. 1947, 14-625; amd. Sec. 1044, Ch. 56, L. 2009; amd. Sec. 8, Ch. 317, L. 2015.

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Bluebook (online)
Montana § 32-3-406, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/3/32-3-406.