236.1. A member of the board of a credit union that is not a member of a federation may be remunerated if permitted by the by-laws of the credit union in respect of the office held by the member.
The by-laws must specify the amount of the remuneration, which may vary according to the office the member holds.
Board members are entitled to the reimbursement of reasonable expenses incurred in the exercise of their functions.
2003, c. 20, s. 11; 2018, c. 232018, c. 23, s. 1461.