Unless the certificate of incorporation or bylaws provide otherwise, the board of directors may fix the compensation of directors, including reasonable allowance for expenses actually incurred in connection with their duties.
Conn. Gen. Stat. § 33-1092
Compensation of directors
Known as the Connecticut Revised Nonstock Corporation Act
The act spans §§ 33–33 (207 sections).
(P.A. 96-256, S. 68, 209.) History: P.A. 96-256 effective January 1, 1997.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.