2025 Session
Last amended: 1990 session
§ 317A.205 — Qualifications; Election
Plain-Language Summary
Covers who can serve as a director and how directors are elected.
317A.205 QUALIFICATIONS; ELECTION.
The qualifications and method of election or appointment of directors may be imposed by or in the manner provided in the articles or bylaws, provided that directors must be natural persons and a majority of the directors must be adults. The articles or bylaws may provide for ex officio directors who are directors because they hold another office or position.
History:
1989 c 304 s 29; 1990 c 488 s 15
History: History: 1989 c 304 s 29; 1990 c 488 s 15
Practical Notes
Directors are elected by members or appointed as the articles or bylaws provide.