TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER l: PROVISIONS APPLICABLE TO ALL COMPANIES
PART 903 UNIFORM ACCOUNTING INSTRUCTIONS FOR FIRE AND MARINE AND CASUALTY AND SURETY INSURERS
SECTION 903.110 DIRECTORS' FEES


 

Section 903.110  Directors' Fees

 

a)         Include:

 

1)         Directors' fees and other compensation of directors for attendance at board or committee meetings.

 

2)         Other fees, compensation and expenses paid to directors.

 

b)         Exclude:

            Commission to directors for the production of business (see Commission and Brokerage-Direct).