§36-2810. Compensation of officers.
71 words·~1 min read·
/ok/title-36-insurance/36-2810·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Compensation of officers shall be as provided in the bylaws, and shall not exceed the sum of Ten Thousand Dollars ($10,000.00) per annum for the president. Compensation of other officers and employees shall be fixed by the board of directors at a reasonable amount for services rendered. Amended by Laws 1986, c. 251, § 39, eff. Nov. 1, 1986. Amended by Laws 1986, c. 251, § 39, eff. Nov. 1, 1986.