Ala. Code § 10A-3A-6.41
Current through the 2024 Regular Session.
A nonprofit corporation may pay reasonable compensation, reasonable payments made in the ordinary course of the nonprofit corporation's activities and affairs, or reimburse reasonable expenses to its members, directors, or officers for services rendered and may confer reasonable benefits upon its members or nonmembers in conformity with its purposes.
Ala. Code § 10A-3A-6.41 (1975)