Section 533.209A - Prohibited relationships.

IA Code § 533.209A (2019) (N/A)
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533.209A Prohibited relationships.

A director shall not be related by consanguinity or affinity within the third degree to any person employed by a state credit union in a senior management position. For purposes of this section, “senior management position” includes a state credit union’s chief executive officer, president, or manager; assistant chief executive officer, assistant president, vice president, or assistant manager; or chief financial officer or treasurer.

2014 Acts, ch 1011, §1