Colorado Statutes
§ 32-11-212 — Compensation of directors
(1)(a) (I) For directors serving a term
of office commencing prior to January 1, 2019, each director shall receive as
compensation for the director's services a sum, not in excess of one thousand two
hundred dollars per annum, which shall be set by the board on a regular or special
meeting basis and which shall not exceed seventy-five dollars per meeting. A
director shall not be compensated for any meeting that the director fails to attend.
(II)For directors serving a term of office commencing on or after January 1,
2019, each director shall receive as compensation for the director's services a sum,
not in excess of the sums set forth in section 32-1-902 (3)(a)(II). A director shall not
be compensated for any meeting that the director fails to attend.
(b)For the purposes of th
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Legislative History
Source: L. 69: p. 750, � 17. C.R.S. 1963: � 89-21-17. L. 81: (1) amended, p.
1649, � 1, effective July 1. L. 96: (1) amended, p. 549, � 3, effective April 24. L. 2019: (1)(a) amended, (HB 19-1213), ch. 135, p. 611, � 1, effective August 2.
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