Members not entitled to salary, per diem, or reimbursements or compensation

Ind. Code § 20-25.3-3-6
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 6. The members of the corporation board are not entitled to any salary, per diem, or other reimbursements or compensation to serve on the corporation board. As added by P.L.101-2026, SEC.12.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026

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