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Alabama · Through Act 2026-611

Ala. Code § 5-17-29: Penalties - Concealment of Discounts or Loans.

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Where this section sits in the code
  1. Title 5 Banks and Financial Institutions.
  2. Chapter 17 Credit Unions.
  3. Article 1 General Provisions.

Any officer, director, employee, or committee member of a credit union who intentionally conceals from the directors or a committee of such credit union any discount or loan made for and in behalf of the credit union between the regular meetings of its board of directors or credit committee is guilty of a Class C misdemeanor.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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