S.C. Code § 34-26-620

Current through 2024 Act No. 225.
Section 34-26-620 - Prohibition against compensation for services; accident insurance; expenses

No officer, director, or committee member, other than an employee, may be compensated for services. However, providing reasonable accident insurance protection while on credit union business shall not be considered compensation. Directors, officers, and committee members may be reimbursed for expenses incidental to the performance of official business of the credit union.

S.C. Code § 34-26-620

1996 Act No. 371, Section 1, eff 5/29/1996.