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California Corporations Code

§ 13279

CORP § 13279Div. 3 · Title 1 · Part 3 · Ch. 3 · Art. 1
An association may provide a fair remuneration for the time actually spent by its officers and directors in its service and for the service of the members of its executive committee.

Legislative history

Added by Stats. 1953, Ch. 207.

Source: California Corporations Code § 13279 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.