§ 7-128-103 — Number of directors

(1) A board of directors shall consist of one
or more directors, with the number stated in, or fixed in accordance with, the
bylaws.

(2) The bylaws may establish, or permit the voting members or the board of
directors to establish, a range for the size of the board of directors by fixing a
minimum and maximum number of directors. If a range is established, the number
of directors may be fixed or changed from time to time within the range by the
voting members or the board of directors.

Legislative History

Source: L. 97: Entire article added, p. 688, � 3, effective July 1, 1998. L. 2003: (1) amended, p. 2340, � 299, effective July 1, 2004.