490.803 - NUMBER AND ELECTION OF DIRECTORS.

        490.803  NUMBER AND ELECTION OF DIRECTORS.         1.  A board of directors must consist of one or more individuals,      with the number specified in or fixed in accordance with the articles      of incorporation or bylaws.         2.  The number of directors may be increased or decreased from      time to time by amendment to, or in the manner provided in, the      articles of incorporation or the bylaws.         3.  Directors are elected at the first annual shareholders'      meeting and at each annual meeting thereafter unless their terms are      staggered under section 490.806.  
         Section History: Recent Form
         89 Acts, ch 288, §74; 91 Acts, ch 211, §5; 2002 Acts, ch 1154,      §32, 125