Unless the articles of incorporation or bylaws provide otherwise, the board of directors may fix the compensation of directors.
89 Acts, ch 288, §82
Iowa Code § 490.811
Compensation of directors
Known as the Iowa Business Corporation Act
The act spans §§ 490–490 (245 sections).
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.