JoyceR2 (Virginia)
Posts: 156
Posts: 156
Posted:
The By-Laws state> Section 4 .Compensation. No director shall receive compensation for any service he may render to the Association. However, any director may be reimbursed for his actual expenses incurred in the performance of his duties.
A director on the board has been paid for more than one service currently and in previous years. He performs this work under a company name. He owns the company. Does this clause (even if the board voted to allow it)legal? Is his company eligible to bid on services needed in a community where he serves as a board member?
Not sure at this point if any other bids were requested or if this specific company submitted a bid.
A director on the board has been paid for more than one service currently and in previous years. He performs this work under a company name. He owns the company. Does this clause (even if the board voted to allow it)legal? Is his company eligible to bid on services needed in a community where he serves as a board member?
Not sure at this point if any other bids were requested or if this specific company submitted a bid.