3 AAC 03.145 - Officer compensation
(a) Expenses. A credit union may reimburse
reasonable expenses incurred by or on behalf of an official to carry out the
responsibilities of the position to which the person was elected or appointed.
Such reimbursement or expense will not be considered compensation under
AS
06.45.100.
(b) Insurance. Reasonable health and accident
insurance provided at the expense of the credit union is permitted, provided
the benefits of such insurance will cease immediately when the insured person
leaves office without providing residual benefits other than from pending
claims.
Notes
Authority:AS 06.45.010
AS 06.45.100
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