California CodesBusiness and Professions Code - BPCDivision 10 — CannabisChapter 22 — Cannabis Cooperative AssociationsArticle 6 — Directors and ManagementSection 26226.6

An association may provide a fair remuneration for the time that is actually spent by its officers and directors in its service and for the service of the members of its executive committee.

Notes

Allows an association to provide fair compensation for the time its officers and directors actually spend serving the association and for services performed by members of its executive committee. The provision authorizes remuneration tied to actual service and states no fixed amount, rate, or payment schedule.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 26226.6 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-10/chapter-22/article-6/section-26226-6

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