Tex. Utilities Code § 162.073

COMPENSATION OF DIRECTORS.

Last amended: 1997Year: 2026Length: 79 wordsSubsections: 2Official source
(a) A director may not receive a salary for services as a director. Except in an emergency, a director may not receive a salary for services in a capacity other than director without the approval of the members. (b) The bylaws may: (1) prescribe a fixed fee for attendance at each board meeting, committee meeting, industry-related conference approved by the board, or training program; and (2) provide for reimbursement of actual expenses of attendance or a reasonable per diem.
Tex. Utilities Code § 162.073: COMPENSATION OF DIRECTORS. | Justis AI