Return to Sections 20-29 Table of Content Return to Main Menu 20-001-6 BOT 2/24/82, 06-19-08, 10-20-09 ARTICLE 2. COMPENSATION OF OFFICERS AND TRUSTEES 1. Compensation of Officers. Salaries of other compensation of the officers may be fixed from time to time by the Board of Trustees provided that, such salaries and compensation shall not be excessive in amount and shall be for services which are reasonable and necessary for performance of the Corporation’s purposes. 2. Compensation of Trustee. Board members as such shall not receive any stated salaries for their services, but by resolution of the Board of Trustees, a fixed sum not to exceed $250 for each meeting or $3,000 per year, and expenses of attendance, if any, may be allowed Trustees other than any salaried officer of the corporation for attendance at regular or special meetings of the Board. With the exception of the Student Senate Representative who can receive compensation from the college as a student intern, a Board member shall not serve the Corporation in any other capacity other than as a Board member and shall not receive any other compensation other than for their attendance at Board meetings or other board related activities. REFERENCE: OLC By-Laws, Article V