Any director, officer, committee member, or employee of a credit union who knowingly receives or possesses himself of any of its property otherwise than in payment for a just demand and with intent to defraud shall be guilty of a Class C felony.
Alabama Legal Code
Section 5-17-31 - Penalties - Receipt of Property Other Than in Payment for Just Demand
Source: https://alison.legislature.state.al.us/code-of-alabama?section=5-17-31· Version 2026