Section 1730 - Compensation of directors

(a) General rule.--Except as otherwise restricted in the bylaws, the board of directors of a business corporation has the authority to fix the compensation of directors for their services as directors, regardless of the personal interest of the directors. A director may be a salaried officer of the corporation. (b) Presumption.--If the board of directors establishes the compensation of directors in accordance with subsection (a), that action is presumed to be fair to the corporation. (Nov. 3, 2022, P.L.1791, No.122, eff. 60 days) Cross References. Section 1730 is referred to in sections 1103, 1728 of this title.