Minnesota Statutes

§ 302A.207 — TERMS

Minnesota § 302A.207
JurisdictionMinnesota
PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Ch. 302ABUSINESS CORPORATIONS

This text of Minnesota § 302A.207 (TERMS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 302A.207 (2026).

Text

Unless fixed terms are provided for in the articles or bylaws, a director serves for an indefinite term that expires at the next regular meeting of the shareholders. A fixed term of a director shall not exceed five years. A director holds office for the term for which the director was elected and until a successor is elected and has qualified, or until the earlier death, resignation, removal, or disqualification of the director.

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Legislative History

1981 c 270 s 29;1982 c 497 s 24

Nearby Sections

15
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Bluebook (online)
Minnesota § 302A.207, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/302A/302A.207.