COMPENSATION OF DIRECTORS; REIMBURSEMENT OF EXPENSES.

Tex. LOC. GOV'T Code § 375.070.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A director is not entitled to compensation for service on the board but is entitled to be reimbursed for necessary expenses incurred in carrying out the duties and responsibilities of a director. Added by Acts 1991, 72nd Leg., ch. 16, Sec. 13.05(a), eff. Aug. 26, 1991.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements