North Dakota Code 4.1-45-08 – Vacancies and special compensation of board members
Current as of: 2023 | Check for updates
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Any vacancy occurring on the board of directors must be filled by the board of directors for the unexpired term of the vacancy. The board of directors may contract for and pay directors rendering unusual or exceptional services to the association special compensation appropriate to the value of those services.
Terms Used In North Dakota Code 4.1-45-08
- Contract: A legal written agreement that becomes binding when signed.