13-03-05-05. Prohibitions.

Members of the board who are also directors, committee members, or staff of one of the merging credit unions, shall declare a conflict of interest and must abstain from voting on the merger application.

History: Effective August 1, 1993.

General Authority: NDCC 6-01-04

Law Implemented: NDCC 6-06-36, 6-06-37