Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“A credit union’s bylaws must provide for a credit committee, credit manager, or both to handle credit functions, and must set their duties and responsibilities. A director may not serve on the credit committee. The credit union president may be appointed as credit manager, but if that happens, the president may not rec”
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02
How the instrument operates
- 01
Start with the recorded version
Legal dates not recorded. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
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- 04
Verify currency and official wording
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03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
A credit union’s bylaws must provide for a credit committee, credit manager, or both to handle credit functions, and must set their duties and responsibilities. A director may not serve on the credit committee. The credit union presiden…
Section 7-9-22
A credit union’s bylaws must provide for a credit committee, credit manager, or both to handle credit functions, and must set out their duties and responsibilities.
Section 7-9-22(1)
A director may not be a member of the credit committee.
Section 7-9-22(2)
The credit union president may be appointed as credit manager, but if appointed, the president may not receive dual compensation for both roles.
Section 7-9-22(3)
04
Source and current-law status
In force source record
Source record from le.utah.gov · Legal dates not recorded
This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.