Montana § 32-3-406 - Compensation Of Officials
Full text of Montana Montana Code Annotated § 32-3-406 — Compensation Of Officials, with citation guidance and answers to common questions.
§ 32-3-406. Compensation Of Officials
Compensation of officials. (1) An official of the credit union, other than the treasurer or an employee, may not be compensated for service in that position. (2) For the purposes of this section, the following payments are allowed and are not considered compensation: (a) necessary expenses incidental to the performance of official business of the credit union; or (b) reasonable life, health, accident, and similar insurance protection for an official.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-3-406
What does Montana Code Annotated § 32-3-406 cover?
Section 32-3-406 ("Compensation Of Officials") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 32-3-406?
A common citation format is "Montana Code Annotated § 32-3-406" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 32-3-406 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.