{"data":{"id":"us-va/va.-code-6.2-1352","jurisdiction":"us-va","citation":"Va. Code § 6.2-1352","heading":"Compensation of officials","body":"A. Compensation of members of the board of directors and members of the credit and supervisory committees shall be determined by a written policy approved by the board of directors, provided that annual compensation for an individual member does not exceed $6,000.B. Health, accident, and term life insurance protection for a director or committee member shall not be considered compensation.C. Directors and committee members, while on official business of the credit union, may be reimbursed for expenses consistent with Internal Revenue Service guidelines.Code 1950, § 6-220; 1964, c. 75; 1966, c. 584, § 6.1-211; 1968, c. 560; 1982, c. 572; 1983, c. 158; 1984, c. 354; 1988, c. 275; 1990, c. 373, § 6.1-225.35; 1995, c. 325; 2010, c. 794; 2020, cc. 262, 547.","path":["Title 6.2. Financial Institutions and Services","Subtitle II. Depository Institutions and Trust Organizations","Chapter 13. Credit Unions","Article 7. Direction of Affairs"],"source_url":"https://law.lis.virginia.gov/vacode/6.2-1352/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:12:34Z","sha256":"5d5358f1a2c2954661f921453243edb83a926e803f8d35878dc2f4650582b6b5","source_id":"us-va","stale":true,"prev":"us-va/va.-code-6.2-1351","next":"us-va/va.-code-6.2-1353"},"notice":"GroundRules: Original legal text. Not legal advice."}