{"data":{"id":"us-dc/d.c.-code-26-505.05","jurisdiction":"us-dc","citation":"D.C. Code § 26-505.05","heading":"Compensation of officials.","body":"(a)\n(1)\nA District credit union may compensate an officer, director, or committee member for the member's services to the District credit union.\n(2)\nLife, health, accident, and similar insurance protection provided by a District credit union to an officer, director, or committee member shall not be considered compensation.\n\n(b)\nA District credit union may reimburse directors, officers, and committee members for necessary expenses incidental to the performance of the official business of the District credit union.","path":["Title 26. Banks and Other Financial Institutions.","Chapter 5. Credit Unions.","Subchapter I. Credit Union Act of 2020.","Part E. Credit Union Governance."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/26-505.05","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"7e780eb748d5d06142053d24a6a4111ba1dfdb06883192793e20b9ceea3a36dc","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-26-505.04","next":"us-dc/d.c.-code-26-505.06"},"notice":"GroundRules: Original legal text. Not legal advice."}