Compensation of directors
In plain English: Unless the articles or bylaws provide otherwise, the board may set the compensation of directors. For homeowners, this means directors are not automatically paid or unpaid; whether and how much board members are compensated is something the board can decide, subject to any contrary rule in the governing documents.
10-3812. Compensation of directors
Unless the articles of incorporation or bylaws provide otherwise, the board of directors may fix the compensation of directors.