{"data":{"id":"us-nc/n.c.-gen.-stat.-55-8-11","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55-8-11","heading":"Compensation of directors.","body":"Unless the articles of incorporation or bylaws provide otherwise, the board of directors, without regard to personal interest, may fix the compensation of directors for services in any capacity as a director. The compensation established pursuant to this section of directors of a public corporation or of a corporation that so provides in its articles of incorporation is presumed to be fair to the corporation unless proven not to be fair to the corporation by a preponderance of the evidence. (1955, c. 1371, s. 1; 1989, c. 265, s. 1; 2018-45, s. 7; 2021-106, s. 2(a).)","path":["Chapter 55. North Carolina Business Corporation Act.","Article 8. Directors and Officers.","Part 1. Board of Directors."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55/GS_55-8-11.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:57Z","sha256":"0b27f61f374b9aec1f95c732103ca3e14be816db19f849ded2e86904bdcf5408","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55-8-10","next":"us-nc/n.c.-gen.-stat.-55-8-12-through-55-8-19"},"notice":"GroundRules: Original legal text. Not legal advice."}