The association shall be governed by a board of eight directors, to be appointed by the director for the terms specified in the plan of operation. The composition of the board of directors shall be established by the plan of operation. The directors shall be reimbursed out of the administrative funds of the association only for necessary and actual expenses incurred for attending meetings of the governing board.
Mo. Rev. Stat. § 383.175
Board of directors, composition — expenses, payment of authorized
Effective: 28 Aug 2020, 2 histories; (L. 1976 H.B. 1309 § 6, A.L. 2006 S.B. 837, A.L. 2020 S.B. 551)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.