Volunteer State Lawmakers Mull CU Volunteer Pay Measure
Tennessee has become the second state in the last two months to consider a proposed law that would give state-chartered credit unions the option to compensate board members.
The proposed law has been recently approved by committees in the Tennessee House and Senate. House Bill 258 will be introduced to the state’s House of Representatives on March 7. Senate Bill 587 has yet to be scheduled for consideration before the full Senate.