Unless the articles of incorporation or bylaws provide otherwise, the board of directors may fix the compensation of directors.
Va. Code Ann. § 13.1-683
Compensation of directors
Known as the Virginia Stock Corporation Act
The act spans §§ 13.1-601 to 13.1-792 (265 sections).
Code 1950, § 13.1-35; 1956, c. 428; 1985, c. 522.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.