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43-16-117 - Remuneration of officers, directors, and committeemen.

43-16-117. Remuneration of officers, directors, and committeemen.

An association may provide a fair remuneration for the time actually spent by its officers and directors in its service and for the service of the members of its executive committee.

[Acts 1923, ch. 100, § 12; Shan. Supp., § 2534a41; Code 1932, § 3799; T.C.A. (orig. ed.), § 43-1817.]  

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