Indiana Code 36-9-13-19. Compensation of trustees and directors
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Terms Used In Indiana Code 36-9-13-19
- Trustee: A person or institution holding and administering property in trust.
Sec. 19. A trustee or director is not entitled to a salary but is entitled to reimbursement for expenses necessarily incurred in the performance of the trustee’s or director’s duties.
[Pre-Local Government Recodification Citations: 19-8-4-3 part; 19-8-4-5 part.]
As added by Acts 1981, P.L.309, SEC.86. Amended by P.L.127-2017, SEC.310.