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Procedures for approving service by certain persons - 17 Pa. Cons. Stat. § 711Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 711. Procedures for approving service by certain persons.
(a) General rule.--No person who has been convicted of a
misdemeanor or a felony involving dishonesty, breach of trust or
violation of this title or corresponding provisions of prior law
may serve as an officer, director, committee member, employee,
volunteer or agent of a credit union unless the person has or
obtains the unanimous approval of the board of directors of the
credit union.
(b) Disclosure statement.--Every officer, director,
committee member and employee shall sign a sworn statement
disclosing whether he has ever been convicted of a misdemeanor
or a felony involving dishonesty, breach of trust or violation
of this title or corresponding provisions of prior law.
(Dec. 9, 2002, P.L.1572, No.207, eff. 60 days)
2002 Amendment. Act 207 amended subsec. (a).
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Last modified: November 27, 2007 |