REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
Unless the articles of incorporation or bylaws provide otherwise, the board of directors may fix the compensation of directors.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 2 - Business Corporations.
Article 8 - Directors and Officers.
Division A - Board of Directors.
Section 10A-2-8.01 - Requirements for and Duties of Board of Directors.
Section 10A-2-8.02 - Qualifications of Directors.
Section 10A-2-8.03 - Number and Election of Directors.
Section 10A-2-8.04 - Election of Directors by Certain Classes of Shareholders.
Section 10A-2-8.05 - Terms of Directors Generally.
Section 10A-2-8.06 - Staggered Terms for Directors.
Section 10A-2-8.07 - Resignation of Directors.
Section 10A-2-8.08 - Removal of Directors by Shareholders.
Section 10A-2-8.09 - Removal of Directors by Judicial Proceeding.