{"data":{"id":"us-tn/tenn.-code-ann.-45-4-1110","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 45-4-1110","heading":"Directors","body":"(a) The corporation's business shall be conducted by the incorporators who shall serve until the organizational meeting of the corporation, at which time directors shall be elected by the members of the corporation in accordance with the bylaws. Thereafter, the corporation's business shall be conducted by the directors.\n(b) Directors shall not be compensated for their services as directors, but may be reimbursed for reasonable expenses in connection with corporation business.","path":["TN Code","Title 45","Chapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"43befa0cbf806cb479009b4da449f9c029ab431da57fe3ec4963de8ce1e11de4","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-45-4-1109","next":"us-tn/tenn.-code-ann.-45-4-1111"},"notice":"GroundRules: Original legal text. Not legal advice."}