Practice question
Directors propose voting on the amount of their own per diems. What does section 29 provide?
- They may determine their own per diems without restriction
- Only the chair must abstain
- Only independent directors must abstain
- The ban applies only if compensation exceeds the cap
- They shall not participate in determining their own per diems or compensation
Legal references
- https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463 — RA 11232, section 29
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