The directors provided for, upon majority vote of the board, may receive the sum of no more than two hundred dollars ($200) each day as compensation for attending meetings of the board or any of its committees. However, not more than four hundred dollars ($400) shall be paid to any director for meetings held in any one (1) calendar month, together with the director's reasonable and necessary expenses.
Section: Previous 14-116-302 14-116-303 14-116-304 14-116-305 14-116-306 14-116-307 14-116-308 14-116-309 NextLast modified: November 15, 2016