Tex. Utilities Code § 162.073: COMPENSATION OF DIRECTORS.
Where this section sits in the code
- UTILITIES CODE
- TITLE 4. DELIVERY OF UTILITY SERVICES
- SUBTITLE A. UTILITY CORPORATIONS AND OTHER PROVIDERS
- CHAPTER 162. TELEPHONE COOPERATIVE CORPORATIONS
- SUBCHAPTER B. CREATION AND OPERATION OF TELEPHONE COOPERATIVES
(a) A director may not receive a salary for services as a director. Except in an emergency, a director may not receive a salary for services in a capacity other than director without the approval of the members.
(b) The bylaws may:
(1) prescribe a fixed fee for attendance at each board meeting, committee meeting, industry-related conference approved by the board, or training program; and
(2) provide for reimbursement of actual expenses of attendance or a reasonable per diem.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Collected 2026-08-27T01:47:45Z. Source file · JSON