§ 1014. Salaries
An association may provide a fair compensation for the time actually spent by its officers and directors in its service and for the service of the members of its executive committee. The bylaws may provide that a director or officer shall not occupy any position in the association on regular salary or substantially full time pay.
Structure Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
§ 996. Amendment of certificate
§ 1007. Classification of directors
§ 1008. Primary elections for directors
§ 1009. Appointment of directors by public officials
§ 1010. Vacancies on board of directors
§ 1011. Contracts with directors
§ 1016. Liability of members for debts
§ 1018. Marketing contracts—Terms
§ 1021. Liability of landowner, landlord or lessor
§ 1023. Ownership or control of other corporations
§ 1028. Application to existing corporations
§ 1029. Soliciting breach of contract