{"data":{"id":"us-dc/d.c.-code-31-4427","jurisdiction":"us-dc","citation":"D.C. Code § 31-4427","heading":"Salaries to be authorized by directors.","body":"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.","path":["Title 31. Insurance and Securities.","Chapter 44. Domestic Life Companies."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-4427","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"4e5ba13eef356a2fea0ceecb9e9785f98a09d732030f24b3e555bb9e969fed68","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-4426","next":"us-dc/d.c.-code-31-4428"},"notice":"GroundRules: Original legal text. Not legal advice."}