490.801 - REQUIREMENT FOR AND DUTIES OF BOARD OF DIRECTORS.

        490.801  REQUIREMENT FOR AND DUTIES OF BOARD OF      DIRECTORS.         1.  Except as provided in section 490.732, each corporation must      have a board of directors.         2.  All corporate powers shall be exercised by or under the      authority of, and the business and affairs of the corporation managed      by or under the direction of, its board of directors, subject to any      limitation set forth in the articles of incorporation, or in an      agreement authorized under section 490.732.  
         Section History: Recent Form
         89 Acts, ch 288, §72; 2002 Acts, ch 1154, §31, 125         Referred to in § 490.825