2025 Session
Last amended: 1981 session
§ 302A.203 — Number
Plain-Language Summary
Sets rules for the number of directors on a corporation's board.
302A.203 NUMBER.
The board shall consist of one or more directors. The number of directors shall be fixed by or in the manner provided in the articles or bylaws. The number of directors may be increased or, subject to section 302A.223, decreased at any time by amendment to or in the manner provided in the articles or bylaws.
History:
History: History:
1981 c 270 s 27
Practical Notes
A corporation must have at least one director, and the articles or bylaws set the exact number.