§ 27-19.2-7. Compensation of board members.
(a) Pending appointment and confirmation of the health insurance commissioner, no compensation shall be paid to the board members by a nonprofit hospital or medical services corporation, excluding reimbursement for ordinary and necessary expenses. After such confirmation, the board must file application with the health insurance commissioner for approval of any proposed board compensation. Childcare, parking, transportation and other reasonable expenses for board members attending meetings shall be compensable.
(b) On or before March 1, 2005, and annually thereafter, a corporation subject to this paragraph shall report to the health insurance commissioner the ordinary and necessary expenses paid to each board member in the preceding calendar year.
History of Section.P.L. 2004, ch. 330, § 2; P.L. 2004, ch. 567, § 2.
Structure Rhode Island General Laws
Chapter 27-19.2 - Nonprofit Hospital and Medical Service Corporations
Section 27-19.2-1. - Legislative findings.
Section 27-19.2-2. - Definitions.
Section 27-19.2-3. - Mission statement contents.
Section 27-19.2-4. - Board of directors — Duties and functions of the board of directors.
Section 27-19.2-5. - Composition of the board of directors.
Section 27-19.2-6. - Actions requiring supermajority board approval.
Section 27-19.2-7. - Compensation of board members.
Section 27-19.2-8. - Compensation of officers and executives.
Section 27-19.2-9. - Code of ethics.
Section 27-19.2-10. - Nonprofit hospital and/or medical service corporations — Responsibilities.