Do Officers get Paid

Do Officers get Paid


Do Officers get Paid?

The remuneration of officers is set by the directors, unless there is a specific provision to the contrary in the corporation's Articles of Incorporation, By-Laws or unanimous shareholders' agreement. With respect to indemnification of officers in case of legal proceedings instituted against them, the rules applicable to directors apply to officers as well.


To learn more or to perform some compliance check out our site: https://www.corpcentre.ca/compliance-centre/

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