347. The board of ethics and professional conduct shall adopt rules of ethics and professional conduct setting out the cases in which the auditor of a credit union, a partner of the auditor or a personnel member who is assigned to audit functions in the credit union may contract with the credit unions, and the conditions applying to such contracts.
The board of ethics and professional conduct shall adopt rules of ethics and professional conduct applicable to the persons in charge of the inspection of the credit unions.
2000, c. 29, s. 347; 2005, c. 35, s. 26.