Cal. CORP § 13279
This is the official text of Cal. CORP § 13279, part of California’s Corporations Code — governs the formation and operation of corporations, LLCs, and partnerships, and regulates securities.
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Official statutory text
An association may provide a fair remuneration for the time actually spent by its officers and directors in its service and for the service of the members of its executive committee.
Status: in_force · Read it on the official government site
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