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Section 5-17-29 - Penalties - Concealment of Discounts or Loans — Alabama Law | CourtGPT
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  7. Section 5-17-29 - Penalties - Concealment of Discounts or Loans
Alabama Legal Code

Section 5-17-29 - Penalties - Concealment of Discounts or Loans

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Any officer, director, employee, or committee member of a credit union who intentionally conceals from the directors or a committee of such credit union any discount or loan made for and in behalf of the credit union between the regular meetings of its board of directors or credit committee is guilty of a Class C misdemeanor.

Source: https://alison.legislature.state.al.us/code-of-alabama?section=5-17-29· Version 2026