Pennsylvania Consolidated Statutes · § 711 — Procedures for approving service by certain persons
711. Procedures for approving service by certain persons
(a) General rule.--No person who has been convicted of a misdemeanor or a felony involving dishonesty, breach of trust or violation of this title or corresponding provisions of prior law may serve as an officer, director, committee member, employee, volunteer or agent of a credit union unless the person has or obtains the unanimous approval of the board of directors of the credit union. (b) Disclosure statement.--Every officer, director, committee member and employee shall sign a sworn statement disclosing whether he has ever been convicted of a misdemeanor or a felony involving dishonesty, breach of trust or violation of this title or corresponding provisions of prior law.
Source notes
2002 Amendment.
History and annotations
(Dec. 9, 2002, P.L.1572, No.207, eff. 60 days)
Source captured 2026-09-26. Open the official source.