HB 1174, 62nd R.S.
Relating to amending the Insurance Code, so as to provide that no "domestic" company shall pay to any of its officers, trustees, or directors a salary, compensation or emolument, or pay any such salary, compensation, or emolument to any person, firm or corporation, amounting in any one (1) year to more than Twenty Thousand Dollars ($20,000), unless such payment be first authorized by vote of the board of directors of such company or by a committee of such board with authority to provide such payments.
Author: Charles Jungmichel
Subjects:
Insurance--General
Insurance--Insurers & Agents
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