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Ala. Code § 5-17-31

Penalties - Receipt of Property Other Than in Payment for Just Demand.

(Acts 1989, No. 89-632, p. 1241, §5.)

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.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.