California § 26226.7. 26226.7. (Added by Stats. 2017, Ch. 27, Sec. 107.)

California Statutes

§ 26226.7. — 26226.7. (Added by Stats. 2017, Ch. 27, Sec. 107.)

California·Code BPC Business and Professions Code - BPC·Div. 10. DIVISION 10. Cannabis·Ch. 22. CHAPTER 22. Cannabis Cooperative Associations·Art. 6. ARTICLE 6. Directors and Management

If a vacancy on the board of directors occurs, except by expiration of term, the remaining members of the board, by a majority vote, shall fill the vacancy, unless the bylaws provide for an election of directors by districts. If the bylaws provide for an election of directors by districts, the vacancy shall be filled either by the election of a director from the district in which the vacancy occurs or by the board of directors calling a special meeting of the members or stockholders in that district to fill the vacancy.

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If a vacancy on the board of directors occurs, except by expiration of term, the remaining members of the board, by a majority vote, shall fill the vacancy, unless the bylaws provide for an election of directors by districts. If the bylaws provide for an election of directors by districts, the vacancy shall be filled either by the election of a director from the district in which the vacancy occurs or by the board of directors calling a special meeting of the members or stockholders in that district to fill the vacancy.

California § 26226.7. (26226.7. (Added by Stats. 2017, Ch. 27, Sec. 107.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.