Tennessee Statutes

§ 43-16-120 — Vacancies in board of directors - Filling

Tennessee § 43-16-120

This text of Tennessee § 43-16-120 (Vacancies in board of directors - Filling) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 43-16-120 (2026).

Text

When a vacancy on the board of directors occurs other than 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 district stockholders. In that case, the board of directors shall immediately call a special meeting of the members or stockholders in that district to fill the vacancy.

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Legislative History

Acts 1923, ch. 100, § 12; Shan. Supp., § 2534a44; Code 1932, §3802; T.C.A. (orig. ed.), § 43-1820.

Nearby Sections

15
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Bluebook (online)
Tennessee § 43-16-120, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/43-16-120.