Index: doc/reference.modules.conf
--- doc/reference.modules.conf.orig
+++ doc/reference.modules.conf
@@ -18,7 +18,7 @@
  * module_base_path: Specifies the base directory for module files. This path can be
  * either an absolute path or a path relative to the current working directory.
  */
-module_base_path = "./lib/ircd-hybrid/modules";
+module_base_path = "${PREFIX}/lib/ircd-hybrid/modules";
 
 loadmodule "cap_account_notify.la";
 loadmodule "cap_away_notify.la";
