Compensation of directors.

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Unless the certificate of incorporation or a bylaw provides otherwise, the board of directors may fix the compensation of directors.

(P.A. 94-186, S. 93, 215; P.A. 96-271, S. 68, 254.)

History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 replaced “articles” of incorporation with “certificate” of incorporation and “bylaws” with “a bylaw”, effective January 1, 1997.


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