Unless the articles of incorporation or bylaws provide otherwise, the board of directors may fix the compensation of directors.

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Terms Used In Virginia Code 13.1-683

  • Articles of incorporation: means all documents constituting, at any particular time, the charter of a corporation. See Virginia Code 13.1-603

Code 1950, § 13.1-35; 1956, c. 428; 1985, c. 522.