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Massachusetts General Court· S821Bill reported favorably by committee and referred to the committee on Senate Rules

An Act allowing fair compensation of Massachusetts credit union directors, the official text

Shown verbatim: the complete text as captured from the official source posted by the Massachusetts General Court, fetched 2026-07-15. Nothing is edited or removed. The official bill page.
	SECTION 1. Section 20 of Chapter 171 of the General Laws is hereby amended by striking out the first sentence and inserting in place thereof the following sentence:- Any credit union may compensate each of the members of the board of directors for his or her services as a member of the board or any committee thereof a sum that may, from time to time, be fixed by the members at an annual meeting.
	SECTION 2. This act shall take effect upon its passage.
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