GroundRules
15 Pa.C.S. § 5730: Compensation of directors.
Where this section sits in the code
- Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
- PART II CORPORATIONS
- SUBPART C NONPROFIT CORPORATIONS
- ARTICLE B DOMESTIC NONPROFIT CORPORATIONS GENERALLY
- CHAPTER 57 OFFICERS, DIRECTORS AND MEMBERS
- SUBCHAPTER C DIRECTORS, OFFICERS AND MEMBERS OF AN OTHER BODY
(a) General rule.--Except as otherwise restricted in the bylaws, the board of directors of a nonprofit corporation has the authority to fix the compensation of directors for their services as directors regardless of the personal interest of the directors. A director may be a salaried officer of the corporation.
(b) Presumption.--If the board of directors of a nonprofit corporation that is not incorporated for a charitable purpose establishes the compensation of directors in accordance with subsection (a), that action is presumed to be fair to the corporation.
Collected 2026-09-02T16:31:13Z. Source file · JSON