Kentucky Statutes 271B.8-110 – Compensation of directors
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Unless the articles of incorporation or bylaws provide otherwise, the board of directors may fix the compensation of directors.
Effective: January 1, 1989
History: Created 1988 Ky. Acts ch. 23, sec. 77, effective January 1, 1989.
Effective: January 1, 1989
Terms Used In Kentucky Statutes 271B.8-110
- Articles of incorporation: include amended and restated articles of incorporation and articles of merger. See Kentucky Statutes 271B.1-400
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
History: Created 1988 Ky. Acts ch. 23, sec. 77, effective January 1, 1989.