District of Columbia Statutes
§ 31-4423 — Directors — General election procedure.
District of Columbia § 31-4423
This text of District of Columbia § 31-4423 (Directors — General election procedure.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 31-4423 (2026).
Text
(a)Notice of the time and place of holding election of directors of a company organized under this subdivision shall be sent to those entitled to vote, and the election shall be made by such of the stockholders and/or policyholders as shall attend for that purpose, either in person or by proxy. All elections shall be by ballot, and the persons receiving the greatest number of votes shall be directors. When any vacancy shall happen among the directors it shall be filled for the remainder of the year in such manner as shall be prescribed by the bylaws of the company.
(b)In case it shall happen at any time that an election of directors shall not be made on the day designated by the bylaws of said company when it ought to have been made, the company shall not for that reason be dissolved, b
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Legislative History
June 19, 1934, 48 Stat. 1150, ch. 672, ch. III, § 23
Nearby Sections
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Prohibited acts – private education lenders.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 31-4423, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-4423.