Sec. 273.109. COMPENSATION; REIMBURSEMENT FOR EXPENSES. A director may not receive compensation for serving on the board but is entitled to reimbursement for actual expenses incurred in performing duties as a director.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle Z - Miscellaneous Provisions Relating to Financial Institutions and Businesses
Chapter 273 - Savings and Loan Supplemental Fund Act
Subchapter B. Organization of Corporation
Section 273.101. Creation of and Membership in Corporation
Section 273.102. Board of Directors
Section 273.103. Executive Committee
Section 273.105. Board Officers and Personnel
Section 273.107. Removal of Board Member
Section 273.108. Conflict of Interest