District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 31-4427: Salaries to be authorized by directors.

Where this section sits in the code

Title 31. Insurance and Securities.
Chapter 44. Domestic Life Companies.

No domestic company shall pay any salary, compensation, or emolument to any officer, trustee, or director thereof, amounting in any 1 year to more than $5,000, unless such payment shall be authorized by the board of directors of the company.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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