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§ 708a.310 Limits on compensation of officials.

12 CFR 708a.310

Citation12 CFR 708a.310
CorpusDaily eCFR
Displayed edition2026-09-08
Last updated2026-09-08

§ 708a.310 Limits on compensation of officials.

No director or senior management official of an insured credit union may receive any economic benefit in connection with the merger of a credit union other than reasonable compensation and other benefits paid in the ordinary course of business.