Members of the board of directors shall receive as compensation for their services, in attending to their duties as directors, fifty cents (50¢) per hour for the time actually consumed in attending to such duties, but not to exceed twenty-five (25) hours in any one (1) month, and also their actual expenses paid out or incurred on account of attending to their duties as directors. The account for time and expenses shall be kept, made out, sworn to, and filed with the clerk of the county before payment is made.
Tenn. Code Ann. § 69-5-606
Compensation and expenses of directors
Acts 1909, ch. 185, § 36; 1915, ch. 63, § 5; Shan., § 3871a144; Code 1932, § 4379; impl. am
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.