New Hampshire § 383-E-6-607 - Section 383-E:6-607 Compensation.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 383-E-6-607 — Section 383-E:6-607 Compensation., with citation guidance and answers to common questions.
§ 383-E-6-607. Section 383-E:6-607 Compensation.
(a) No member of the board of directors or of either the credit or supervisory committee shall receive any compensation for his or her services as a member of the board or the committee; provided, however, that if at any time any credit union organized under the provisions of this chapter shall have enlarged its business to such extent that this section may create an impediment to its proper functioning, the commissioner, upon petition of the board of directors, may permit the board of directors to pay the credit committee such compensation as he or she shall consider proper. The reimbursement of reasonable expenses in the execution of the duties of the position shall not be considered compensation. (b) The officers elected by the board of directors may receive such compensation as the board shall authorize.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 383-E-6-607
What does New Hampshire Revised Statutes Annotated § 383-E-6-607 cover?
Section 383-E-6-607 ("Section 383-E:6-607 Compensation.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. 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 New Hampshire § 383-E-6-607?
A common citation format is "New Hampshire Revised Statutes Annotated § 383-E-6-607" (New Hampshire). 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 New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 383-E-6-607 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire 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 New Hampshire.