2025 Session
Last amended: 1981 session
§ 302A.205 — Qualifications; Election
Plain-Language Summary
Sets qualifications for directors and rules for how they are elected.
302A.205 QUALIFICATIONS; ELECTION.
Directors shall be natural persons. The method of election and any additional qualifications for directors may be imposed by or in the manner provided in the articles or bylaws.
History:
History: History:
1981 c 270 s 28
Practical Notes
Directors are elected by shareholders at the annual meeting unless the articles say otherwise.