B. Payments to Board Members

  1. Do not financially compensate board members for board service, except for reimbursement of expenses
  2. If, in limited circumstances, the land trust compensates a board member for professional services that would otherwise be contracted out,
    1. Document the circumstances surrounding the decision to do so
    2. Document how the land trust uses appropriate comparability data to determine the amount to be paid and to confirm that there is no private or undue benefit
  3. Do not provide loans to members, directors, officers or trustees