Ca_Law

statute | California

Corporations Code - CORP - CORP § 13250

Summary

The by-laws may provide that directors shall be elected for terms of from one to five years; provided, that at each annual election the same fraction of the total number of directors shall be elected as one year bears to the number of years of the term of office.

Text

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  • #1 | Corporations Code - CORP - CORP § 13250

    The by-laws may provide that directors shall be elected for terms of from one to five years; provided, that at each annual election the same fraction of the total number of directors shall be elected as one year bears to the number of years of the term of office.