TITLE XXXV BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
CHAPTER 394-B CREDIT UNIONS
Directors and Officers
Section 394-B:29
394-B:29 Qualifications. –
Except in the case of a credit union with fewer than 11 members, no more than one member of the board of directors of a credit union shall be a member of the supervisory committee of such credit union nor shall any such director be an employee or compensated officer of the credit union.