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Current as of March 28, 2024 | Updated by Findlaw Staff
The directors provided for, upon majority vote of the board, may receive the sum of no more than two hundred dollars ($200) each day as compensation for attending meetings of the board or any of its committees. However, not more than four hundred dollars ($400) shall be paid to any director for meetings held in any one (1) calendar month, together with the director's reasonable and necessary expenses.
Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-116-306. Compensation of directors - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-116-306/
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