Compensation of officers and directors

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. Acts 1984, ch. 864, § 16. 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. Acts 1984, ch. 864, § 16.