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2019 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 750 - Health Care Service Contractors; Multiple Employer Welfare Arrangements; Legal Expense Organizations
Section 750.319 - Salaries; other compensation.
Universal Citation: OR Rev Stat § 750.319 (2019)
(1) The trust carrying out a multiple employer welfare arrangement may not pay any salary, compensation or emolument to any officer or trustee of the trust unless the payment is first authorized by a majority vote of the board of trustees.
(2) The compensation of any trustee or officer may not be unreasonable and may not be calculated, directly or indirectly, as a percentage of contributions collected. [1993 c.615 §12]
Note: See note under 750.301.
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