Section 9-911 - Persons convicted of crime.
§ 9-911. Persons convicted of crime.
(a) Prohibition on serving as an officer or director.- Except with the written consent of the Division Director, a person who has been convicted, or who is convicted, of any crime involving dishonesty or a breach of trust, may not ever serve as an officer or director of an association.
(b) Stay of operation of prohibition.- However, the pendency of an appeal from the conviction stays the operation of the prohibition of subsection (a) of this section until the appeal is decided or dismissed.
[1986, ch. 282.]